Meach Vannak

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Meach Vannak

Phillip Bank

Investir dans la microfinance

+ 19 autres investisseurs

With a loan of EUR 6,400 Meach is able to purchase fertilizer and seeds and inrease her rice yield.

€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 21 heures sur 9 Mai 2017.

Le projet

Meach is 35 years old. She is married and living with her beloved husband in the village in Kampong Cham province of Cambodia. She is a farmer and has been cultivating rice since 2002. And her family income also aided by her husband who is a construction worker and operating in the rice farm with his wife after his work.

Because of the weather conditions farming has been difficult. With a loan Meach is able to purchase natural fertilizer and seeds for farming. The rest of the loan will be used to cover the hire farmland costs. She believes with this loan will allow her to increase her crop yields and as well as her family profits.

Local partner Kredit will provide this loan.

Nom de l’entreprise	Phillip Bank
PDG	Meach Vannak
Création	2002-01-01
Lieu	Kampong Cham
Secteur	Agriculture
Chiffre d'affaires	€22 315,59
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.