Thor Chandy

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Thor Chandy

Phillip Bank

Investir dans la microfinance

+ 15 autres investisseurs

With a loan of EUR 4,400 Thor is able to invest in a tractor to plough his land more effectively.

€4 400

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€4 400
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 3 jours sur 28 Juin 2016.

Le projet

Mr. Thor Chandy is a farmer who lives with two children in Kampong Cham province. He grows mangoes, cashew nuts, and rice on five hectares of farmland. Before he become a professional farmer, he joined agricultural training class and learned from his neighbor who has many years of experience.

Mr. Thor is now requesting for a loan to purchase a tractor so that he can work on his farm and rent to other to plow the farmland for an additional profit.

The loan must be repaid in 24 months.

Nom de l’entreprise	Phillip Bank
PDG	Thor Chandy
Création	2015-01-01
Lieu	Kampong Cham
Secteur	Agriculture
Chiffre d'affaires	€70 714,28
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.