Srey Chea

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Srey Chea

Phillip Bank

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With a loan of EUR 6,200 Srey is able to construct an additional twenty rooms to rent and increase her income.

€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 6 díasen 14 Septiembre 2016.

El proyecto

Mrs. Chea Srey, 33, is married and lives in the Phnom Penh City of Cambodia. Her family income has been earn from room rental service. She has 20 rooms for rent.

In order to increase her profits, she is asking for a loan to construct 20 rooms for rent. She sees this investment will allow her to increase her family income.

Nombre de la empresa	Phillip Bank
Director general	Srey Chea
Fundado	2003-01-01
Ubicación	Phnom Penh City
Sector	Servicios
Volumen de negocio	€12,850
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.