Kheng Tang

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Kheng Tang

Phillip Bank

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With EUR 10,600 Kheng is able to buy a truck to transport products to Vietnam for her recycling 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 13 díasen 28 Mayo 2016.

El proyecto

Mrs. KHENG Tang is married and lives with her husband and one child in Prey Veng province. She has a recycling business, buying recycling products from small recyclers in the commune. Most of the recycling products are beer cans, bottles, plastics, and used steel. Every 1-2 times per month, she transports her recycling product to resell at Vietnam border. She has been working as a recycling business buyer for almost 10 years to earn a living to support her family.

She is now is asking for a loan to purchase small truck to transport her recycling items to resell at Vietnam border.

Nombre de la empresa	Phillip Bank
Director general	Kheng Tang
Fundado	2006-01-01
Ubicación	Prey Veng
Sector	Mayorista / Minorista
Volumen de negocio	€78,371.68
Empleados	3

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.