Bou I

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Bou I

Phillip Bank

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With a loan of EUR 6,200 Bou is able to stock more televisions and increase her family 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 4 díasen 17 Septiembre 2016.

El proyecto

Mrs. Bou I, 45, is a businesswomen who lives with her husband and three children in the Prey Veng Province of Cambodia. She and her hsuband have been selling television to earn additional income to support the living since 2003. They purchase television from the wholesalers in Phnom Penh city and resell to their customer in the local market. She is now asking for a loan from Kredit to enlarge her business. She sees this investment as an opportunity to better support her business and increase her family income.

Nombre de la empresa	Phillip Bank
Director general	Bou I
Fundado	2003-01-01
Ubicación	Prey Veng Province
Sector	Mayorista / Minorista
Volumen de negocio	€53,571.42
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.