San Chamnan

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San Chamnan

Phillip Bank

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With EUR 9,000 Chamnan is able to purchase 3 hectares of land for her husband to grow cassave on.

€9,000

Importe

3.25%

Interés

42 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€9,000
Interés	3.25%
Vencimiento	42 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 11 díasen 5 Diciembre 2016.

El proyecto

San Chamnan, 33, is married and lives with her husband in Tboung Khmum province. She is a true entrepreneur, selling grocery and raise pigs and chickens to support her family. Her husband is a farmer who grow cassava and rice to earn additional income.

To earn more income, Chamnan is asking for a loan purchase 3 more hectares for her husband to grow more cassava and the rest of the money she will expand her grocery business.

Nombre de la empresa	Phillip Bank
Director general	Chamnan San
Fundado	2004-01-01
Ubicación	Dambae
Sector	Agricultura
Volumen de negocio	€28,181.81
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.