Pheng

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Pheng

Phillip Bank

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With EUR 13,200 Saroum is able to build 10 extra rooms next to her house to rent out to tourists.

€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 9 díasen 13 Mayo 2016.

El proyecto

Mrs. PHENG Saroum is married and lives with her husband and two young children in Siem Reap province. She has a laundry business from her home to earn a living. The business has started since 2010, and it makes a good income. Because of her house is around the guesthouses and hotel area that is why she has many customers to support. Her husband is a carpenter. He works for a local private carpentry shop where there is about 10 kilometer from home.

Mrs. PHENG is now asking for a loan to build 10 rooms to rent out. Her house is located in the center of Siem Reap city where there are many foreigners and visitors come to visit Angkor Wat. All the guesthouse and hotel at Siem Reap are very busy, and she believes that the new investment will bring more income for her family in the next six months when the rooms are finish.

Nombre de la empresa	Phillip Bank
Director general	Saroum Pheng
Fundado	2010-01-01
Ubicación	Siem Reap
Sector	Servicios
Volumen de negocio	€128,495.57
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.