Sam Nang

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Sam Nang

Phillip Bank

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With a loan of EUR 4,400 Sam is able to build three more rooms to rent and increase his income.

€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 9 Agosto 2016.

El proyecto

Mr. Sam nang, 56, is married and lives with his wife and one employed child in Phnom Penh city.

To earn a living, he works as a plumber and rent 4 rooms to garment factory workers. He is also aided by his wife who is a grocery sellers.

Currently, he is asking for a loan to build 3 rooms more.

Nombre de la empresa	Phillip Bank
Director general	Sam Nang
Fundado	2007-01-01
Ubicación	Phnom Penh
Sector	Servicios
Volumen de negocio	€30,000
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.