Khim Han

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Khim Han

Phillip Bank

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With a loan of EUR 6,200 Khim will be able to expand her land and increase her production of cashew and cassava.

€6,200

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€6,200
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 5 díasen 16 Noviembre 2016.

El proyecto

Khim Han is 33 and lives with her husband and four children in Tboung Khmum province. She and her husband are hard-working farmers who grow cashew nuts and cassava on five hectares of farmland.

The cashew nut plantation is now five years old, and they are able to collect the output to sell. Khim now requests a loan to purchase farmland to grow more cashew nuts and cassava for additional income to support the family.

Together with local partner Kredit Lendahand will provide a loan that must be repaid in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Khim Han
Fundado	2000-01-01
Ubicación	Tboung Khmum
Sector	Agricultura
Volumen de negocio	€22,321.42
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.