Ou Rathana

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Ou Rathana

Phillip Bank

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With a loan of EUR 4,250 Rathana is able to renovate her clinic and buy more medicine to sell.

€4,250

Importe

3.25%

Interés

36 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€4,250
Interés	3.25%
Vencimiento	36 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 1 día.en 18 Noviembre 2017.

El proyecto

Read the information document of the issuer here

Rathana, 34 years old, is married and lives with her husband and child in the province of Prey Veng in Cambodia. She works as a midwife since 2012 and has been working in her own clinic and other private clinics. Meanwhile her husband is a credit officer at MFI.

With this loan, she is able to renovate her clinic and buy more medicine to sell.

Local partner Kredit provides this loan with a maturity of 36 months.

Nombre de la empresa	Phillip Bank
Director general	Rathana Ou
Fundado	2012-01-01
Ubicación	Prey Veng
Sector	Servicios
Volumen de negocio	€16,610.16
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.