Chan Soeun

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Chan Soeun

Phillip Bank

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Chan is asking for a loan of EUR 5,400 to buy the necessary materials to grow more cashew on her land.

€5,400

Importe

3.00%

Interés

24 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€5,400
Interés	3.00%
Vencimiento	24 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 7 díasen 3 Mayo 2017.

El proyecto

Chan, 50, is married mother of three children who lives in Kampong Cham province of Cambodia. For the past three years, she and her husband have been cultivating rice and cashew to earning income for support her family’s living.

Due to the shortage of finance, she is now asking for a loan to grow more cashew.

She sees this loan is the economic opportunities to better support her family.

Nombre de la empresa	Phillip Bank
Director general	Chan Soeun
Fundado	2014-01-01
Ubicación	Kampong Cham
Sector	Agricultura
Volumen de negocio	€17,757
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.