Seng Seda

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Seng Seda

Phillip Bank

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With EUR 17,600 Seda can buy extra refrigerators and AC's for her store and meet the rising demand.

€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 9 díasen 15 Junio 2016.

El proyecto

Mrs. SENG Seda is married and lives with three children and her husband in Bantheay Meanchey Province. She opens a electronic shop selling air-conditioners and refrigerator from her home near the market, while her husband work as a technician, repair air-conditioners and refrigerator. He also works as electrician and plumber, and sometimes he provide service to connect the electricity to earn an additional income to support the family.

Mrs. SENG is now requesting for a loan to purchase more air conditioner and refrigerator to sell. She believes that this investment will bring more income to support her family. The sale will increase as now is the dry season.

Nombre de la empresa	Phillip Bank
Director general	Seda Seng
Fundado	2012-01-01
Ubicación	Bantheay Meanchey
Sector	Mayorista / Minorista
Volumen de negocio	€108,849.55
Empleados	7

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.