Kak Sreng

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Cambodge

Kak Sreng

Phillip Bank

Investir dans la microfinance

+ 3 autres investisseurs

With a loan of EUR 2,550 Sreng is able to sell more products at her groceries story and enlarge her business.

€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 54 minutes sur 14 Novembre 2017.

Le projet

Read the information document of the issuer here

Sreng is a 50 year old, married woman who lives in the provice of Prey Veng together with her husband and two children. She and her husband are working at the grocery store and rice farm they own since 2015.

With this loan she can add groceries to her store and improve her rice cultivation. Therefore her income will grow and she is able to pay for her children's school fees.

Local partner Kredit provides this loan with a maturity of 36 months.

Nom de l’entreprise	Phillip Bank
PDG	Sreng Kak
Création	2015-01-01
Lieu	Prey Veng
Secteur	Commerce de gros / Commerce de détail
Chiffre d'affaires	€12 988,03
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.