Tuon Vat

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Cambodge

Tuon Vat

Phillip Bank

Investir dans la microfinance

+ 23 autres investisseurs

With a loan of EUR 8,450 Vat is able to purchase more cows for her trading business and thus increase her income.

€8 450

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€8 450
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 jours sur 30 Septembre 2017.

Le projet

Vat, 51 (appears in the photo), married and blessed with three school aged children, lives in a village in the Kampong Cham province of Cambodia. To support the family’s living, he and his wife have been earning income from cultivating rice and trading cow since 1998.

Whit this loan Vat is able to expand her business by cultivating more rice and purchase more cows to sell.

Local partner Kredit provides the loan, which has to be repaid in 24 months.

Nom de l’entreprise	Phillip Bank
PDG	Vat Tuon
Création	1998-01-01
Lieu	Kampong Cham Province
Secteur	Agriculture
Chiffre d'affaires	€9 590,67
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.