Sorn Yorn

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Sorn Yorn

Phillip Bank

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Yorn is now asking for a loan of EUR 6,350 to purchase a car for transportation purpose in her business.

€6,350

Importe

3.25%

Interés

42 meses

Vencimiento

6 meses

Reembolsos

EUR

Moneda

Importe	€6,350
Interés	3.25%
Vencimiento	42 meses
Reembolsos	6 meses
Moneda	EUR

100%

Completamente financiado en 3 díasen 2 Enero 2018.

El proyecto

Read the information document of the issuer here

Mrs. SORN Yorn is a 32 years old women. She is married and living with her husband and two children in the village in Prey Veng province of Cambodia. For support the daily living, she and her husband operates in the business as grocery whole sellers for profits. Since the business is going well, she is now asking for a loan with Kredit to purchase a car for transportation purpose in her business. She sees with this loan is a good opportunities to better support her business and increase her family profits as well.

Nombre de la empresa	Phillip Bank
Director general	Yorn Sorn
Fundado	2007-01-01
Ubicación	Prey Veng
Sector	Mayorista / Minorista
Volumen de negocio	€14,871.18
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.