Hen Hor

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Hen Hor

Phillip Bank

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With EUR 6,200 Hen is able to purchase a car for herson so he can transport more rice to their store.

€6,200

Importe

4.00%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€6,200
Interés	4.00%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 7 Agosto 2016.

El proyecto

Hor Hen, 55, is married and lives with her husband in Kampong Cham province. To earn a living, she has opening a food store for more than 10 years from her house near taxi station, while her husband is a soldier. The food business is making a good income as customers are passengers travel from Phnom Penh to home town.

She is also aided by her son who is reseller collecting rice for sell. She is now asking for a loan for her son to buy a car to transport rice.

Nombre de la empresa	Phillip Bank
Director general	Hen Hor
Fundado	2005-01-01
Ubicación	Prey Chor
Sector	Mayorista / Minorista
Volumen de negocio	€14,357.14
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.