Tier Nalim
With a loan of EUR 6,400 Tier will be able to purchase construction materials to construct furniture to sell.
€6,400
3.25%
36 meses
6 meses
EUR
MonedaImporte | €6,400 |
Interés | 3.25% |
Vencimiento | 36 meses |
Reembolsos | 6 meses |
Moneda | EUR |
El proyecto
Tier Nalim is a business man who lives with his wife in the Tbong Khmum province of Cambodia. He and his wife have been working in the store together to make profits. In the store has construct desk, closet, and other furniture for sell. Since this business can make high profits, he is now applying for a loan of 7,000USD to purchase construction materials to construct furniture to sell. He believes this loan will allow him to enlarge his store and increase his family profits as well.Nombre de la empresa | Phillip Bank |
Director general | Tier Nalim |
Fundado | 2010-01-01 |
Ubicación | Tbong Khmum |
Sector | Producción manufacturera |
Volumen de negocio | €84,112.14 |
Empleados | 2 |
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.
SDG’s impacted
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No poverty
SDG 8. Decent work and economic growth
Read more about the impact you can make through our platform and the SDGs on our impact page.
- Con esta inversión se crean 2 puestos de trabajo
- Con esta inversión se mejoran 8 vidas