Hem Chanthou

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Hem Chanthou

Phillip Bank

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With a loan of EUR 5,800 Chanthou is able to expand her beauty salon and attract more clients.

€5,800

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€5,800
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 4 Agosto 2016.

El proyecto

Hem Chanthou, 27, is married and lives with her husband and one child in the Tboung Khmum province of Cambodia. She started a beauty salon in 2013, while her husband is a taxi driver to earn an income to support the family.

She is asking for a loan to expand her salon shop.

Together with local partner KREDIT will Lendahand provide a loan that must be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Chanthou Hem
Fundado	2013-01-01
Ubicación	Tboung Khmum
Sector	Servicios
Volumen de negocio	€11,617.69
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.