Yon Sreymom

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Yon Sreymom

Phillip Bank

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With a loan of EUR 7,150 Sreymom can enlarge her business in producing bricks and increase income.

€7,150

Importe

3.25%

Interés

48 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€7,150
Interés	3.25%
Vencimiento	48 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 17 Noviembre 2017.

El proyecto

Read the information document of the issuer here

Sreymom is a 38 year old woman, who lives in the provice of Kampong Cham in Cambodja together with her husband and three children. They own a business in manufacturing bricks since 2003.

With this loan, she can buy more brick kilns to produce more bricks for sale and increase her income.

Local partner Kredit provides this loan with a maturity of 48 months.

Nombre de la empresa	Phillip Bank
Director general	Sreymom Yon
Fundado	2013-01-01
Ubicación	Kampong Cham Province
Sector	Producción manufacturera
Volumen de negocio	€43,397.14
Empleados	10

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.