Oeur Sreyvin

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Oeur Sreyvin

Phillip Bank

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With a loan of EUR 6,200 Oeur is able to purchase a car for her husband to transport wood to sell.

€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 5 díasen 13 Septiembre 2016.

El proyecto

Oeur Sreyvin, 25, is a grocer who lives in the Kampong Cham Province of Cambodia with her husband and three children. She has been selling groceries such as sugar, salt, soy source, drinks, and other products for about three years. She is also cultivating rice to earn additional income to support the living, while her husband is a firewood seller. Every morning he take firewood to his motorcycle with a trailer and transport it to sell in the village and nearby village.
Since her husband business is getting well, she is asking for a loan to purchase a car for her husband to transport firewood to sell. She sees this purchase will allow her to enlarge her husband business and increase her family income.

Nombre de la empresa	Phillip Bank
Director general	Oeur Sreyvin
Fundado	2014-01-01
Ubicación	Kampong Cham Province
Sector	Mayorista / Minorista
Volumen de negocio	€52,767.85
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.