Kev Sry

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Kev Sry

Phillip Bank

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Kev Sry would like a loan of EUR 4,400 to purchase construction material to invest in her husband business.

€4,400

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,400
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 2 díasen 9 Diciembre 2016.

El proyecto

Kev Sry is married and lives with two young children and her husband in the Phnom Penh city. To earn a living, she sells construction materials, while her husband, Sok Hay, is a construction foreman.

Sok Hay has been a foreman for more than 10 years, and he usually provide his service by contract for a small construction, building house. Sometimes the contract is only for the labor, it means that the house owner is responsible for the construction materials.

However, sometimes the contract can be both labor and construction materials cost. With the construction material contract, he is able to earn more than only the labor service. Kev Sry would like a loan to purchase construction material to invest in her husband business.

Nombre de la empresa	Phillip Bank
Director general	Kev Sry
Fundado	2009-01-01
Ubicación	Phnom Penh
Sector	Mayorista / Minorista
Volumen de negocio	€34,909.09
Empleados	10

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.