Heng Ny

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Heng Ny

Phillip Bank

Investir dans la microfinance

+ 11 autres investisseurs

With a loan of EUR 4,300 Ny can buy one more hectare of farmland and increase her husband's farming business.

€4 300

Montant

3,25%

Intérêt

36 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€4 300
Intérêt	3,25%
Maturité	36 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 1 jour sur 22 Décembre 2017.

Le projet

Read the information document of the issuer here

Ny is 34 years old and lives with her husband and three children in a village in the province Kampong Cham in Cambodia. To support living, she has been selling fish at the local market. Meanwhile her husband is a farmer, growing rice and cashew on their farmland.

With this loan she is able to purchase one more hectare of farmland to increase the cashew harvest. This investment increases her husband's farming business and allows their family-income to grow.

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

Nom de l’entreprise	Phillip Bank
PDG	Ny Heng
Création	2010-01-01
Lieu	Kampong Cham Province
Secteur	Agriculture
Chiffre d'affaires	€22 372,88
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.