Malen Sor

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Malen Sor

Phillip Bank

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With a loan of EUR 4,400 Malen is able to purchase clothes in bulk, getting a discount and meeting customer demand.

€4,400

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,400
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 10 Agosto 2016.

El proyecto

Mrs. Sor Malen resides in Kampong Cham with her husband and three children. She is a true entrepreneur selling clothes in the downtown market. Every 3-5 months, she goes to Phnom Penh city where she can buy the clothes in bulk to resell. Her husband is a construction foreman in Phnom Penh since 2010.

Since the clothes business is making as main income to support the family, Malen is now asking for a loan to expand her business by purchase clothes in bulk to have special discount and to meet her customer demand as well.

Nombre de la empresa	Phillip Bank
Director general	Malen Sor
Fundado	2011-01-01
Ubicación	Prey Chor
Sector	Mayorista / Minorista
Volumen de negocio	€71,035.71
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.