Phaok Rom

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Phaok Rom

Phillip Bank

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Rom is asking for a loan to reinvest in her grocery business and to grow mushrooms for resell.

€13,400

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€13,400
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 2 Junio 2016.

El proyecto

Mrs. PHAOK Rom is married and lives with her husband and four children in Kratie province. She sells variety grocery products from local market, and the business has been about for 5 years to earn a living and the business is making a good income to support the family. Her husband stays at home, growing mushrooms to resell in bulk.

To earn more profit, Mrs. PHAOK Rom is asking for a loan to reinvest in her grocery business, purchasing grocery products in bulk and the rest will used in growing mushrooms for resell.

Nombre de la empresa	Phillip Bank
Director general	Phaok Rom
Fundado	2010-01-01
Ubicación	Kratie
Sector	Mayorista / Minorista
Volumen de negocio	€28,378.37
Empleados	1

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.