Ke Manet

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Ke Manet

Phillip Bank

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With EUR 13,200 Manet is able to expand her inventory of cosmetics and tobaco due to the rising demand.

€13,200

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€13,200
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 29 Abril 2016.

El proyecto

Mrs. KE Manet, 32, is a true entrepreneur selling cosmetics and tobaccos in the village of Pouk district, Siem Reap province. For the product she sell, she is not go to the market to buy it, but the company sale agents has delivered through her house. With the cosmetic products, she got special discount since she has been selling for the company product for many years.

She has two school aged children and her husband stays at home help her with the current business. She is now asking for a loan to increase her cosmetics and tobaccos stock. To be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Manet Ke
Fundado	2010-01-01
Ubicación	Siem Reap
Sector	Mayorista / Minorista
Volumen de negocio	€210,265.48
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.