Pheng Sophea

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Pheng Sophea

Phillip Bank

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With a loan of EUR 35,400 Sophea is enabled to build a third kindergarten school in the Kampong province.

€35,400

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€35,400
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 1 Mayo 2016.

El proyecto

Mrs. Pheng Sophea is married and lives with her husband in Phnom Penh city. She is a true entrepreneur, opens two kindergarten schools at Kampong Speu province. The school are not for the small children to study, but she also has an English part time classes and short courses like computer skills and management. With two schools, there are about 500 students from kindergarten and short courses class.

With this business, she is able to employ 26 full time staff. The business has been about for 5 years, and she wants to open one more school. She is now asking for a loan to purchase a plot of land to build a new school in the future. She is an ambitious entrepreneur who one day hopes to set up a third school.

She sees this loan as a way to increase her income and is confident that her business venture will be successful.

Nombre de la empresa	Phillip Bank
Director general	Sophea Pheng
Fundado	2011-01-01
Ubicación	Phnom Penh
Sector	Servicios
Volumen de negocio	€154,513.27
Empleados	26

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.