Muok Phoeurn

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Muok Phoeurn

Phillip Bank

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With a loan of EUR 9,000 Phoeurn is able to purchase fertilizer and other farming materials to grow pepper.

€9,000

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€9,000
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 10 díasen 21 Diciembre 2016.

El proyecto

Muok Phoeurn, 51, working together with her husband, Yun Set, as farmers since 2009, growing rice and pepper to support the family. For the first time, she was able to grow pepper for half of hectare, but now she can plant for one hectare. The price of pepper is going well for these few years that is why she earns a lot. Phoeurn, pictured from her farm, sees a good opportunity to invest in her pepper farm by grow more pepper to have an additional income to improve her living standard.

She is asking for a loan to purchase fertilizer and other farm material to grow pepper.

Nombre de la empresa	Phillip Bank
Director general	Phoeurn Muok
Fundado	2009-01-01
Ubicación	Memot
Sector	Agricultura
Volumen de negocio	€62,389.09
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.