Hak Sreylak

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Hak Sreylak

Phillip Bank

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In order to increase the production, Hak is now asking for a loan of EUR 6,200 to grow more pepper.

€6,200

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€6,200
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 7 díasen 7 Julio 2017.

El proyecto

Hak Sreylak, 22, is a farmer. She is married and living with her beloved husband and her only one child in the village in Tbong Khmum province of Cambodia. Since 2010, she and her husband have been working together in the pepper farm to make profits for support the living. After they got married in 2010, her parents has given her 500 pepper plantations as the heritage for her to build up a new family. Until now, She has grow up to 900 pepper plantation. In order to increase the production, she is now asking for a loan to purchase growing materials to grow more pepper. She thinks that this is a good opportunities for her to increase her crop yields and as well as her family profits.

Nombre de la empresa	Phillip Bank
Director general	Hak Sreylak
Fundado	2010-01-01
Ubicación	Tbong Khmum
Sector	Agricultura
Volumen de negocio	€17,857.14
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.