Chin Chorn

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Cambodge

Chin Chorn

Phillip Bank

Investir dans la microfinance

+ 17 autres investisseurs

With a loan of EUR 6,400 Chin will be able to expand his farm where he grows rice and cashew.

€6 400

Montant

3,00%

Intérêt

12 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€6 400
Intérêt	3,00%
Maturité	12 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 13 heures sur 11 Avril 2017.

Le projet

Chorn is 32 years old married man. He lives with his wife and three children in Kampong Cham province of Cambodia. He and his wife have been cultivating rice and cashew to making profits for support the family’s living expenses. Since the cashew farm is getting well, he is now asking for a loan to grow more cashew. He believes with this loan will loan will allow him to increase his yields and his family profits as well.

Nom de l’entreprise	Phillip Bank
PDG	Chin Chorn
Création	2010-01-01
Lieu	Kampong Cham
Secteur	Agriculture
Chiffre d'affaires	€18 691,58
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.