Yat Sokkheam

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Yat Sokkheam

Phillip Bank

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With a loan of EUR 9,400 Sokkheam is able to buy groceries in bulk to distribute to small sellers.

€9,400

Importe

3.25%

Interés

42 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€9,400
Interés	3.25%
Vencimiento	42 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 11 díasen 19 Febrero 2017.

El proyecto

Yat Sokkheam is married and lives with her husband in Kampong Cham province. To earn a living, she has been running a grocery store from home and selling sugar cane juice for about 5 years to earn as main income. Her husband is an excavator driver.

Sokkheam is now asking for a loan to purchase groceries in bulk to have special discount and distribute to small sellers.

Nombre de la empresa	Phillip Bank
Director general	Sokkheam Yat
Fundado	2014-01-01
Ubicación	Kampong Cham
Sector	Mayorista / Minorista
Volumen de negocio	€26,415.09
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.