Tan Sophea

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Tan Sophea

Phillip Bank

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With a loan of EUR 17,600 is Sophea able to expand the stock of cosmetic products in her store.

€17,600

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€17,600
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 30 díasen 31 Mayo 2016.

El proyecto

Mrs. TAN Sophea, pictured from cosmetic store, is married and lives with her husband and one young child in Kampong Cham province. She is a true entrepreneur, selling variety of cosmetic products. Her business has been about for 15 years. She is usually set a very low profit margin to maintain her customers. She is also distribute cosmetics to small local sellers.

She is now is requesting for a loan to purchase more cosmetics to resell to small sellers.

Nombre de la empresa	Phillip Bank
Director general	Sophea Tan
Fundado	2000-01-01
Ubicación	Kampong Cham
Sector	Mayorista / Minorista
Volumen de negocio	€47,787.61
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.