Pov Channavy

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Pov Channavy

Phillip Bank

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With EUR 8,800 Pov is able to acquire a small truck to be rented out in the region as there is a lot of demand.

€8,800

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€8,800
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 3 Julio 2016.

El proyecto

Mrs. POV Channavy is married and lives with her husband and three dependent children in Prey Veng Province. She is a garment factory worker since 2010, working as a quality controller. Her husband, OL Kunthea, 31, is a garment factory worker, working as a stock controller.
Currently, she would like to request for a loan to buy a mini truck to rent to garment factory. From this loan, she can gains more income from her truck rental to support her family.

Must be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Pov Channavy
Fundado	2014-01-01
Ubicación	Prey Veng
Sector	Servicios
Volumen de negocio	€53,415.92
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.