Sreytouch

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Sreytouch

Phillip Bank

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With EUR 13,200 Sreytouch is able to acquire 2 extra acres of farming land for her rubber plantation.

€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 2 díasen 23 Abril 2016.

El proyecto

Mrs. SOUN Sreytouch, 29, is married with one young child and lives with her husband in Kampong Cham province. She is a midwife and also own four hectares of rubber plantation and one hectare of pepper plantation which is now she can make some money from the farming business. Her husband owns a tractor which he usually rent to plow the neighbor farmland to have an additional income. The main challenge they both facing is the bad weather conditions which have less rain in raining season and the drop of rubber prices for the past years. Mrs Sreytouch and her husband are pictured from farmland.

To make more money, she is asking for a loan to purchase another two hectares of rubber plantation. The rest of the money is also used to purchase. To be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Sreytouch Soun
Fundado	2013-01-01
Ubicación	Kampong Cham
Sector	Agricultura
Volumen de negocio	€21,483.18
Empleados	2

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.