Chhuon Chanthol

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Chhuon Chanthol

Phillip Bank

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With a loan of EUR 4,800 Chhuon is able to expand the variety of products of her small grocery store.

€4,800

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,800
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 22 Julio 2016.

El proyecto

Mrs. Chhuon Chanthol is married and lives with her husband and three children in Kampong Cham province. She and her husband have been selling groceries and rooms rental service as her additional income to support her family for about two years.

She is now request for a loan to purchase more groceries for their store and build eight rooms to rent. She believes that with the loan, the expansion of her business will bring about an increased income and a higher standard of living.

The loan must be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Chhuon Chanthol
Fundado	2013-01-01
Ubicación	Kampong Cham
Sector	Mayorista / Minorista
Volumen de negocio	€27,610.61
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.