Let Then

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Let Then

Phillip Bank

Invertir en microfinanzas

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With EUR 4,250 Then can raise more pigs and cultivate more rice to expand her business and improve her income.

€4,250

Importe

3.25%

Interés

30 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,250
Interés	3.25%
Vencimiento	30 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 27 Octubre 2017.

El proyecto

Read the information document of the issuer here

Let Then, 51 years old, is married and lives in the Kampong Cham province with her husband and three children. For over 20 years, she and her husband work in the farm together, raising pigs and cultivating rice.

With a loan she can pay for rice harvesting costs and more pigs to expand her business. She sees this loan as a wellthought economic decision and believes she can both increase her income and raise her standard of living with the purchases.

Nombre de la empresa	Phillip Bank
Director general	Then Let
Fundado	1995-01-01
Ubicación	Kampong Cham Province
Sector	Agricultura
Volumen de negocio	€15,491.52
Empleados	3

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.