Lan Chanry

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Lan Chanry

Phillip Bank

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With EUR 13,200 Lan is able to invest in a small truck to transport the vegetables from her farm to re-sellers.

€13,200

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€13,200
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 5 díasen 5 Agosto 2016.

El proyecto

Mrs. LAN Chanry is married and lives with her husband and 3 school aged children in Bantheay Meanchey province. She and her husband are hard working farmers, growing many vegetables such as cucumbers, carrots, gingers, and tomatoes to sell at the local market. She also buys some of other vegetables from re-seller for sell. The business has been about for 5 years.

She is now is asking for a loan to purchase a small truck to transport her vegetables from her farm to sale. This truck also used to transport vegetables from wholesaler to distribute to small sellers in the market so that she is able to earn an income as a re-seller.

The loan must be repaid in 48 months.

Nombre de la empresa	Phillip Bank
Director general	Lan Chanry
Fundado	2009-01-01
Ubicación	Bantheay Meanchey
Sector	Mayorista / Minorista
Volumen de negocio	€139,646.01
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.