Chhin Cham

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Chhin Cham

Phillip Bank

Investir dans la microfinance

+ 21 autres investisseurs

With EUR 4,250 Cham can cover the harvesting costs and expand the stores' assortment by adding more groceries.

€4 250

Montant

3,00%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€4 250
Intérêt	3,00%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 3 jours sur 26 Octobre 2017.

Le projet

You can read the information document of the issuer here

Cham, 38, is married and lives in the Kampong Cham province with his wife and three children. He and his beloved wife work together in the farm for over 20 years, cultivating rice to make profits. His wife is also selling groceries at home to provide more income.

With a loan he can pay for rice harvesting costs and add more groceries to his wife’s store. He sees this loan as a good economic decision and believes he can both increase his income and raise his standard of living with the purchases.

Local partner Kredit is providing this loan with a maturity of 24 months.

Nom de l’entreprise	Phillip Bank
PDG	Cham Chhin
Création	1999-01-01
Lieu	Kampong Cham Province
Secteur	Agriculture
Chiffre d'affaires	€17 969,49
Employés	3

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.