Mey Samorn

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Mey Samorn

Phillip Bank

Investir dans la microfinance

+ 17 autres investisseurs

With EUR 7,200 Samorn can buy new supplies for her farming business so she can pay school fees for her children.

€7 200

Montant

3,25%

Intérêt

42 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€7 200
Intérêt	3,25%
Maturité	42 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 4 jours sur 31 Octobre 2017.

Le projet

Read the information document of the issuer here

Samorn is a 45-year-old married woman with 2 children. She lives in a rural community in the Kampong Cham province in Cambodia.

For the past 7 years, Samorn has been working on her farm with her husband. They cultivate rice to sell within her community and at the local market. With a loan she can pay for additional seedlings, a spray can, and fertilizer to assist her with her farming activities.
She plans to use her profits to support her family and pay school fees for her children.

Local partner Kredit provides the loan with a maturity of 42 months.

Nom de l’entreprise	Phillip Bank
PDG	Samorn Mey
Création	2010-01-01
Lieu	Kampong Cham Province
Secteur	Agriculture
Chiffre d'affaires	€13 423,72
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.