Sor Kimsou

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Sor Kimsou

Phillip Bank

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With EUR 4,400 Kimsou is able to expand the capacity of her duck farm with 3,000 ducks.

€4,400

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,400
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 12 díasen 4 Octubre 2016.

El proyecto

Sor Kimsou, 50, is married and lives with her four children in the Siem Reap Province of Cambodia. She and her husband are working together in their farm since 2008. They are fatten 900 ducks for produce 700 eggs per day.
Since the demand of the customer are increase, she would like to request for a loan to purchase 3000 ducks for her farm. She sees this purchase will allow her to increase her product and her daily income as well.

The loan must be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Kimsou Sor
Fundado	2008-01-01
Ubicación	Siem Reap Province
Sector	Agricultura
Volumen de negocio	€23,625
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.