Sak Marinet

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Sak Marinet

Phillip Bank

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With a loan of EUR 10,600 Sak is able to invest in her store where she will start a grocery business.

€10,600

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€10,600
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 19 horasen 31 Mayo 2016.

El proyecto

Mrs. SAK Marinet is married and lives with her young child and her husband in Phnom Penh city. Currently, she sells clothes from market but this business is making less profit to support her family. She is now looking for a new job selling grocery products. She is also interest open a remittance service which she works as a company representative for a commission when there are transaction happen from her booth.

She is now looking for a loan to start a grocery business and remittance service.

Nombre de la empresa	Phillip Bank
Director general	Sak Marinet
Fundado	2015-01-01
Ubicación	Phnom Penh
Sector	Mayorista / Minorista
Volumen de negocio	€41,734.51
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.