Nut Sarom

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Nut Sarom

Phillip Bank

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Sarom is now asking for a loan of EUR 5,750 to expand her restaurant and grow more income.

€5,750

Importe

3.25%

Interés

42 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€5,750
Interés	3.25%
Vencimiento	42 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 29 Noviembre 2017.

El proyecto

Read the information document of the issuer here

Sarom, 37 years old, lives with her mother in the province of Prey Veng in Cambodia. Since 2010, she own a restaurant which has been doing pretty well ever since.

With this loan, she can take the next step and expand her restaurant. This investment enables her to attract more customers and increase her income.

Local partner Kredit provides this loan with a maturity of 42 months.

Nombre de la empresa	Phillip Bank
Director general	Sarom Nut
Fundado	2007-01-01
Ubicación	Prey Veng
Sector	Servicios
Volumen de negocio	€15,254.23
Empleados	1

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.