Chantha Khan

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Chantha Khan

Phillip Bank

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To earn more profits, Chantha is now asking for a loan of EUR 4,400 to renovate her house for rent.

€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 6 díasen 12 Septiembre 2016.

El proyecto

Mrs. Khan Chantha is a 46 years old who lives in the Phnom Penh city. She was married and has two children whom are attend school. She is a cooker in the restaurant, while her husband is a motorcycle taxi driver to earn additional income to support the family living.To earn more profits, she is now asking for a loan to renovate her house for rent. She believes this loan will allow her to increase her income and raise her living standard.

Nombre de la empresa	Phillip Bank
Director general	Chantha Khan
Fundado	2016-01-01
Ubicación	Phnom Penh city
Sector	Servicios
Volumen de negocio	€12,321.42
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.