Thuon Sopheap

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Thuon Sopheap

Phillip Bank

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With a loan of EUR 5,400 Sopheap is able to purchase one hectare of farmland to grow more rice.

€5,400

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€5,400
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 31 Agosto 2016.

El proyecto

Mrs. Thuon Sopheap, 41, is married and lives with her husband in Kampong Cham province. Together with her husband, Kong, are working as garment factory workers to earn as main income to support their family. This couple also grow rice on 2 hectare of farmland to earn an additional income.
Sopheap is now requesting for a loan to purchase one hectare of farmland to grow rice and hope to earn more income.

Nombre de la empresa	Phillip Bank
Director general	Sopheap Thuon
Fundado	2005-01-01
Ubicación	Prey Chor
Sector	Agricultura
Volumen de negocio	€59,785.71
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.