Oreing

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Oreing

Phillip Bank

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With EUR 12,000 Hkeakhuong is able to buy an appartment and rent out rooms to travelers and drivers.

€12,000

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€12,000
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 28 Abril 2016.

El proyecto

Mrs. Oreing Hkeakhuong, 43, is married and lives with two children and her husband in Kampong Cham province. She opens a restaurant along the National Road number 6. This road is connect from Phnom Penh to several main provinces.

Most of the customers are passengers who drive taxi or bus to their hometown or work place. Because she has a special marketing for any taxi driver or bus driver who stop the passengers to have meal at her restaurant that is why she has many customers to support every day. She also provide meal and soft drink to taxi or bus driver free of charge if they can stop customer to have meal.

Besides the restaurant business, she is looking for a room renting service. She is requesting for a loan to purchase a flat with two rooms to rent out for an additional profit to support her family. Must be repaid in 48 months.

Nombre de la empresa	Phillip Bank
Director general	Hkeakhuong Oreing
Fundado	2000-01-01
Ubicación	Kampong Cham
Sector	Servicios
Volumen de negocio	€56,250
Empleados	5

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.