LAY Sina

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LAY Sina

Phillip Bank

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Lay is now asking for a loan of EUR 9,000 to expand her business, purchase more jewelry such as necklace to sell.

€9,000

Importe

4.00%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€9,000
Interés	4.00%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 4 díasen 31 Julio 2016.

El proyecto

Mrs. Lay Sina is married and lives with her husband in the Tboung Khmum province, Cambodia. She opens a jewelry shop in the local market, while her husband earns an income from selling chicken meat. She has been selling jewelry for about two years to earn as main income to support her family.

She is now asking for a loan to expand her business, purchase more jewelry such as necklace, ring to sell. She sees these investments as opportunities that will be able to increase her daily income.

Nombre de la empresa	Phillip Bank
Director general	Lay Sina
Fundado	2015-01-01
Ubicación	Tboung Khmum
Sector	Mayorista / Minorista
Volumen de negocio	€22,027.02
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.