Pich Mony

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Pich Mony

Phillip Bank

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Mony is requesting for a loan of EUR 17,600 to purchase a plot of land to build rooms to rent for in the future.

€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 15 díasen 30 Junio 2016.

El proyecto

Mr. PICH Mony is married and live with two children and his wife in Phnom Penh city. He has a guesthouse and one building with 30 rooms to rent out. The rooms are rent to garment factory workers. He is also works as a electrician connecting electricity. He sometime hire to connect the electricity in a house.

Since the renting business is making more income to support his family, he is now requesting for a loan to purchase a plot of land 10mx20m to build rooms to rent for in the future.

Nombre de la empresa	Phillip Bank
Director general	Mony Pich
Fundado	2010-01-01
Ubicación	Phnom Penh
Sector	Servicios
Volumen de negocio	€61,592.92
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.