Oeurn Ram

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Oeurn Ram

Phillip Bank

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Oeurn is asking for a loan of EUR 4,400 to purchase fertilizer and invest in her pepper plantation.

€4,400

Importe

3.00%

Interés

12 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,400
Interés	3.00%
Vencimiento	12 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 16 Julio 2016.

El proyecto

Mrs. Oeurn Ram, 30, is married and lives with her husband and three children in the Memot district, Cambodia. She and her husband have been working as farmers, growing pepper and raise animals for sell to earn income to support her family living for more than ten years. Two of her children are workers, while two other are attend school.

The weather condition in Cambodia have been difficult for farming, Mrs. Oeurn included. In light of this difficulties, she is asking for a loan to purchase fertilizer and invest in her pepper plantation. She sees this business opportunity as a way to increase her income and to provide a higher standard of living for her family.

Nombre de la empresa	Phillip Bank
Director general	Oeurn Ram
Fundado	2006-01-01
Ubicación	Memot
Sector	Agricultura
Volumen de negocio	€45,405.40
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.