Chantrea

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Chantrea

Phillip Bank

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With EUR 17,400 Chantrea and her husband can replace their truck to transport stones to a cement factory.

€17,400

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€17,400
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 8 díasen 22 Abril 2016.

El proyecto

Mrs. Hoeurng is married and lives with her husband and three young children Kampong Speu province. She is a good housewife stays at home taking good care of her small children. Her husband has a 5 tone mini truct to transport stone (a stone from the mountain to produce as cement) to resell at the cement factory. Everyday, he can transport two times and each transportation he can earn US$35.

Currently, the mini truct is abit old and Mrs. Chantrea is request for a loan from KREDIT to replace for a new truct for her husband. The loan must be repaid in 48 months.

Nombre de la empresa	Phillip Bank
Director general	Chantrea Hoeurng
Fundado	2009-01-01
Ubicación	Kampong Speu
Sector	Servicios
Volumen de negocio	€36,842.10
Empleados	1

Impacto

Phillip Bank is a microfinance institution in Cambodia that invests in people and their businesses via Micro-loans. By providing working capital to local entrepreneurs, they enable people in Cambodia to further expand their businesses and reach their potential for business growth and job creation.

Micro-loans are an effective tool against poverty. Research has shown that communities with more viable small local businesses have more balanced economies and higher average prosperity levels. Their turnover mainly flows back to their communities, ensuring economic growth and stability. The capital provided by Phillip Bank works towards sustainably improving families' financial well-being in rural and urban communities.