Horn

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Horn

Phillip Bank

Investir dans la microfinance

+ 25 autres investisseurs

With a loan of EUR 10,400 Horn can purchase one hectare of pepper plantation and grow his farm.

€10 400

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€10 400
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 jours sur 13 Avril 2016.

Le projet

Mr. ENG Horn, pictured from pepper farmland, lives with his wife and three children Kampong Cham province. He is a farmer growing rice, cassava, and pepper on three hectares of farmland. Currently, the pepper plantation is making more profit since all the demand are from EU counties.

To earn more money, he is requesting for a loan to purchase one hectare of pepper plantation and this will be a good investing for him family.

Local partner Kredit will provide a loan to Horn together with Lendahand. The loan has to be repaid within 24 months.

Nom de l’entreprise	Phillip Bank
PDG	Horn Eng
Création	2009-01-01
Lieu	Kampong Cham
Secteur	Agriculture
Chiffre d'affaires	€56 715,78
Employés	2

Impact

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.