Khuon Sim

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Khuon Sim

Phillip Bank

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Sim is asking for a loan of EUR 8,800 to purchase a car in order to add more business and increase her family income.

€8,800

Importe

3.00%

Interés

18 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€8,800
Interés	3.00%
Vencimiento	18 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 5 díasen 5 Septiembre 2016.

El proyecto

Mrs. Khuon Sim, 63, is married and has only children who lives in the Phnom Penh city of Cambodia. She and her husband earn income from room rental service, she has 39 rooms for rent. Her family is also aided by her only child who works in the travel company as a car driver.

She is now asking for a loan to purchase a car for her child to run taxi service in order to add more business and increase her family income as well.

Nombre de la empresa	Phillip Bank
Director general	Sim Khuon
Fundado	2004-01-01
Ubicación	Phnom Penh
Sector	Servicios
Volumen de negocio	€23,882.14
Empleados	2

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.