Som Lai

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Som Lai

Phillip Bank

Investir dans la microfinance

+ 13 autres investisseurs

With EUR 2,700 Lai is able to purchase a walking tractor to use for cultivating farmland and grow more rice.

€2 700

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€2 700
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 23 heures sur 21 Octobre 2017.

Le projet

Read the information document of the issuer here

Lai is 54 years old. She is married and resides with four children in Kampong Cham Province, Cambodia. She and her husband have been working in the rice farm and selling palm juice since 2013.

With this loan Lai is requesting a loan to purchase a walking tractor to use for cultivating the farmland. This purchase will help her rice cultivation go faster.

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

Nom de l’entreprise	Phillip Bank
PDG	Lai Som
Création	2013-01-01
Lieu	Kampong Cham Province
Secteur	Agriculture
Chiffre d'affaires	€10 576,27
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.