Song Sengleang

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Cambodge

Song Sengleang

Phillip Bank

Investir dans la microfinance

+ 20 autres investisseurs

With a loan of EUR 5,000 EUR Song will be able to diversify her income by starting to trade cassava as well.

€5 000

Montant

3,25%

Intérêt

36 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€5 000
Intérêt	3,25%
Maturité	36 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 1 jour sur 6 Décembre 2016.

Le projet

Song Sengleang is a widowed farmer and lives with her two children in Kampong Cham province. She grows and trades cashew nuts to earn as main income to support her family. She has 3 hectares of farmland growing cashew nuts and she is able to collect about 3,000-4,000 dollar profit each hectare per year. She is now requesting for a loan to trade cassava and cashew nuts to resell.

Local partner Kredit provides a loan to Song that must be repaid within 36 months.

Nom de l’entreprise	Phillip Bank
PDG	Song Sengleang
Création	2016-01-01
Lieu	Chamka Leu
Secteur	Agriculture
Chiffre d'affaires	€19 090,90
Employés	1

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.