Noem Sina

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Noem Sina

Phillip Bank

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Noem is now asking for a loan of EUR 4,400 to purchase more cloths in Phnom Penh for resell.

€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 3 díasen 10 Diciembre 2016.

El proyecto

Noem Sina resides in Siem Reap with her husband and one young child. She is a true entrepreneur selling clothes in the downtown market.

Every 3-5 months, she goes to Phnom Penh city where she can buy the clothe in bulk to resell. Her husband is a motor-taxi driver. She is now asking for a loan to purchase more clothe for resell.

She sees this business opportunity as a way to increase her income and to provide a higher standard of living for her and her family.

Nombre de la empresa	Phillip Bank
Director general	Noem Sina
Fundado	2012-01-01
Ubicación	Siem Reap
Sector	Mayorista / Minorista
Volumen de negocio	€15,891.89
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.