Bouth Chansophal

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Bouth Chansophal

Phillip Bank

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With a loan of 9,000 EUR Chansophal is able to purchase construction materials and meet the current demand.

€9,000

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€9,000
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 1 Julio 2016.

El proyecto

Mr. BOUTH Chansophal is married and lives with his wife, Theary, in Phnom Penh city. Mrs. Theary is a tailor and has been working for 3 years with her 3 employment from home to earn a living, while her husband is a construction foreman. He has been a construction foreman for more than 6 years, and he usually provide his service by contract for a small construction, building house. Sometimes the contract is only for the labor, it means that the house owner is responsible for the construction materials. However, sometimes the contract can be both labor and construction materials cost. With the construction material contract, he is able to earn more than only the labor service.

Mr. BOUTH has 18 construction workers, 15 are male and 3 are female. He is requesting for a loan from KREDIT to purchase construction materials. The money is to purchase more construction material to meet the current demand.

Nombre de la empresa	Phillip Bank
Director general	Chansophal Bouth
Fundado	2010-01-01
Ubicación	Phnom Penh
Sector	Servicios
Volumen de negocio	€97,297.29
Empleados	18

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.