Samel Sang

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Samel Sang

Phillip Bank

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With a loan of EUR 4,200 Samel will be able to expand his company and buy more products to recyle.

€4,200

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,200
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 30 Julio 2017.

El proyecto

A resident in the Kampong Cham province of Cambodia, Mr. Sang Samel, 37 years old. For the past ten years, he has been earning income from buying and sell recycling products. And his family income also aided by his wife who is a rice farmer.

Since his business is going well, he is now asking for a loan to expand his capital to purchase recycle products. He is confident that with this capital will allow him to gain more profits and better support his family living.

Local partner Kredit will provide the loan.

Nombre de la empresa	Phillip Bank
Director general	Samel Sang
Fundado	2007-01-01
Ubicación	Kampong Cham
Sector	Mayorista / Minorista
Volumen de negocio	€13,313.79
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.