Vann Vuochtinh

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Vann Vuochtinh

Phillip Bank

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With a loan of EUR 4,400 Vann and her husband can purchase one hectare of farmland to grow more cashew.

€4,400

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,400
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 12 Octubre 2016.

El proyecto

Mrs. Vann Vuochtinh, 36, is a business women who lives in the Tboung Khmum Province of Cambodia with her husband and two children. She has earn income from selling pickled cabbage at the market. She purchase fresh cabbages to pickle and keep for a week to sell. And her husband is a cashew farmer, while her two children are attend school.
She is now asking for a loan to purchase one hectare farmland for her husband grow more cashew. She sees this purchase will allow her to increase her capital and her daily income as well.

Nombre de la empresa	Phillip Bank
Director general	Vann Vuochtinh
Fundado	2003-01-01
Ubicación	Tboung Khmum
Sector	Agricultura
Volumen de negocio	€14,057.14
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.