Nhoeb Cheng

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Cambodge

Nhoeb Cheng

Phillip Bank

Investir dans la microfinance

+ 12 autres investisseurs

With a loan of EUR 2,550 Cheng is able to expand her beauty salon and increase her income.

€2 550

Montant

3,25%

Intérêt

36 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€2 550
Intérêt	3,25%
Maturité	36 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 jours sur 26 Octobre 2017.

Le projet

Read the information document of the issuer here

Cheng is a 24-year-old, married mother and has one child. She lives in a village in the Kampong Cham Province in Cambodia. She earns her income from running a beauty salon and she has been doing the business for the past four years. Her husband is a driver.

Now, she would like to request a loan because she needs finances to expand her business, renovate her shop and add more materials for her beauty salon. With this loan, she will be able to buy more materials and improve her business.

Local partner Kredit provides the loan, which has to be repaid in 36 months.

Nom de l’entreprise	Phillip Bank
PDG	Cheng Nhoeb
Création	2013-01-01
Lieu	Kampong Cham Province
Secteur	Services
Chiffre d'affaires	€13 050,84
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.