Sor Kemsokh

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Sor Kemsokh

Phillip Bank

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With a loan of EUR 7,000 Kemsokh is able to expand the capacity to keep ducks on her duck egg farm.

€7,000

Importe

4.00%

Interés

42 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€7,000
Interés	4.00%
Vencimiento	42 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 31 Agosto 2016.

El proyecto

Mrs. Sor Kemsokh, 43, is married and has three children who lives in the Siem Reap Province of Cambodia. She and her husband have earn income from raised duck for eggs to resell and in her farm has around 1100 ducks can produce 900 eggs each day.
In order to expand her business, she is asking for a loan to purchase more ducks for fatten and the rest of the loan she will purchase duck feeds. She believe this purchase will allow her to increase her income and raise her family standard of living.

The loan must be repaid in 42 months.

Nombre de la empresa	Phillip Bank
Director general	Kemsokh Sor
Fundado	2007-01-01
Ubicación	Siem Reap Province
Sector	Agricultura
Volumen de negocio	€44,925
Empleados	2

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.