Lonh The

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Lonh The

Phillip Bank

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The would like to request a loan of EUR 4,400 to purchase a mini truck for her husband to transport hay.

€4,400

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,400
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 22 Julio 2016.

El proyecto

Mrs. LONH THE is married and lives with her husband and two school aged children in Kampong Cham province. To earn a living, she has been working as a farmer since 2006, growing rice in raining season and dry season. Her husband is collecting and selling hay.

To earn an additional income to help support the family, she would like to request for a loan to purchase a mini truck for her husband to transport hay for resell.

Nombre de la empresa	Phillip Bank
Director general	The Lonh
Fundado	2006-01-01
Ubicación	Kampong Cham
Sector	Agricultura
Volumen de negocio	€30,084.95
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.