San Sokhom

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San Sokhom

Phillip Bank

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With EUR 4,600 Sokhom is able to expand the type of car parts for her garage and repair more cars.

€4,600

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,600
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 3 Agosto 2016.

El proyecto

Mrs. San Sokhom is married and lives with her husband in Siem Reap province, Her husband, Mith Sophal, runs a small car garage from his home to service people around his village since 2013. Before owning this car garage, her husband used to work for another as a car repairman for three years.

Now she is asking for a loan to expand her husband's car garage by buying more car parts. She sees these investments as opportunities that will be able to increase her daily income.

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

Nombre de la empresa	Phillip Bank
Director general	Sokhom San
Fundado	2013-01-01
Ubicación	Kralanch
Sector	Agricultura
Volumen de negocio	€9,459.45
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.