Sophea Vorng

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Sophea Vorng

Phillip Bank

Investir dans la microfinance

+ 24 autres investisseurs

With EUR 14,600 Sophea can acquire two additional acres of farming land to grow cassave and rubber.

€14 600

Montant

4,00%

Intérêt

48 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€14 600
Intérêt	4,00%
Maturité	48 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 3 jours sur 30 Avril 2016.

Le projet

Mrs. Vorng Sophea, 38, is married and lives with her husband and one child in Kratie province. She and her husband have six hectares of farmland, growing cassava and rubber. They have been working as farmers for more than 10 years. Besides the farming, her husband also own a pickup truck to transport agriculture products to have an additional income to support the family. The farming for these past years have been difficult since the price of cassava remain the same and rubber has been decreased, while the weather conditions have been provided less rain in raining season. However, Mrs. Vorng has digged out the pond as water supply for her cassava.

Mrs. Vorng and her husband are requesting for a loan from KREDIT to purchase another two hectares of cassava farmland. She believe that she will have more income through growing more cassava.

Nom de l’entreprise	Phillip Bank
PDG	Sophea Vorng
Création	2006-01-01
Lieu	Kratie
Secteur	Agriculture
Chiffre d'affaires	€21 854,86
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.