Uk Sreyrath

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Uk Sreyrath

Phillip Bank

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With a loan of EUR 8,450 Uk will be able to expand her meat selling business in order to fulfill her customers’ needs.

€8,450

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€8,450
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 12 díasen 27 Septiembre 2017.

El proyecto

Mrs. UK Sreyrath, 31, sells pork, bone of pig from the local market. Every morning, she always bring pork, and bone of the pig from the slaughter place to sell. Every day, she can actually sell about 4 to 5 of pigs (meat and bone). Before, Mrs. UK Sreyrath was help her parents on this business, after she got married she has to earn income to support her family that is why she chooses her business as meat seller with her husband together. This couple is now requesting for a loan from KREDIT to expand her meat selling business in order to fulfill her customers’ needs and also increase her family’s profits.

Nombre de la empresa	Phillip Bank
Director general	Uk Sreyrath
Fundado	2012-01-01
Ubicación	Kampong Cham
Sector	Mayorista / Minorista
Volumen de negocio	€21,457.62
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.