Rina Chhorm

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Rina Chhorm

Phillip Bank

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With EUR 5,400 Rina can purchase a plot of farmland. She sees this investment is an opportunities to better support her farm.

€5,400

Importe

3.25%

Interés

42 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€5,400
Interés	3.25%
Vencimiento	42 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 14 Septiembre 2017.

El proyecto

Chhorm Rina, 28, is married and has two children who live the Kampong Cham province. Her husband has been earning income from buying and selling recycle materials and also a rice farmer as well. She is a farmer and has been cultivating rice for about 10 years.

Her business is going well every day that why she is now requesting for a loan of 6,400USD to purchase a plot of farmland. She sees this investment is an opportunities to better support her farm and increase her family income as well.

Nombre de la empresa	Phillip Bank
Director general	Rina Chhorm
Fundado	2007-01-01
Ubicación	Kampong Cham
Sector	Agricultura
Volumen de negocio	€16,949.15
Empleados	4

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.