Boeurn Dany

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Boeurn Dany

Phillip Bank

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With a loan of EUR 5,200 Boeurn is able to purchase materials to grow more pepper in Tbong Khmum.

€5,200

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€5,200
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 14 Julio 2017.

El proyecto

Mrs. Boeurn Dany is appears in the photo. She is married and living with her husband and two children in the village in Tbong Khmum province of Cambodia. She and her husband are farmers and have been working together in the pepper farm to make profits for support the living since 2010.

Due to the shortage of finance, she is now asking for a loan to purchase growing materials to grow more pepper. She believes with this loan will allow her to increase her crop yields and increase her family profits as well.

Local partner Kredit will provide the loan, which has to be paid back in 36 months.

Nombre de la empresa	Phillip Bank
Director general	Boeurn Dany
Fundado	2010-01-01
Ubicación	Tbong Khmum
Sector	Agricultura
Volumen de negocio	€17,699.11
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.