Ut Sokhom

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Ut Sokhom

Phillip Bank

Investir dans la microfinance

+ 32 autres investisseurs

With a loan of EUR 8,800 Ut is able to buy a car to transport animal feed to her customers.

€8 800

Montant

3,25%

Intérêt

42 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€8 800
Intérêt	3,25%
Maturité	42 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 10 jours sur 11 Juin 2017.

Le projet

A widowed mother of two children in Kampong Cham province of Cambodia, Mrs. Ut Sokhom is 47 years old. She is a hard working woman and has been operating in her farm as cultivating rice, raising pigs and ducks to earn income for support the living since 2000. And her family income also aided by her children who are selling animal feed to make profits for the past 6 years. One of her child works at their store and other one transport feeds to sell in the village and nearby village.

Due to the shortage of finance, she is now asking for a loan to purchase a new car for her children business. She sees this purchase will help her to replace the old one and save money from fixing costs.

Local partner Kredit will provide this loan.

Nom de l’entreprise	Phillip Bank
PDG	Ut Sokhom
Création	2000-01-01
Lieu	Kampong Cham
Secteur	Commerce de gros / Commerce de détail
Chiffre d'affaires	€22 321,42
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.