Kev Vannorn

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Cambodge

Kev Vannorn

Phillip Bank

Investir dans la microfinance

+ 42 autres investisseurs

With a loan of EUR 20,350 Vannorn is able to expand her cashew plantation and increase income.

€20 350

Montant

3,25%

Intérêt

48 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€20 350
Intérêt	3,25%
Maturité	48 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 14 jours sur 13 Février 2018.

Le projet

Read the information document of the issuer here

Vannorn is a married woman who resides in the province of Kampong Cham in Cambodia. Together with her husband, she works as a farmer growing cashew on her farmland and selling fried banana's as additional income.

With this loan, she is able to purchase more land for cultivation and therefore expand her business. This investment will enable her to better serve her customers and increase income.

Local partner Kredit provides this loan with a maturity of 48 months.

Nom de l’entreprise	Phillip Bank
PDG	Vannorn Kev
Création	2000-01-01
Lieu	Kampong Cham Province
Secteur	Agriculture
Chiffre d'affaires	€46 552,84
Employés	2

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.