Seng Saovotey

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Seng Saovotey

Phillip Bank

Investir dans la microfinance

+ 17 autres investisseurs

With a loan of 6,400 Saovotey is able to purcase two hectares of farmland to grow more cashew nuts.

€6 400

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

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

100%

Entièrement financé en 3 jours sur 10 Novembre 2016.

Le projet

Seng Saovotey and her husband, Tola, are hard-working farmers, growing rubber and cashew nuts to earn a living as main income to support their family. The weather conditions have been difficult in Cambodia, and the price of rubber has been decreased for these past year which make some farmers in bad condition.

Even the price of rubber remain low, but they still rely on cashew nuts. Saovotey is now asking for a loan to purchase two hectares of farmland to grow more cashew nuts. She sees this investment as a good opportunity to earn more income.

Nom de l’entreprise	Phillip Bank
PDG	Saovotey Seng
Création	2007-01-01
Lieu	Dambae
Secteur	Agriculture
Chiffre d'affaires	€12 327,27
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.