Thor Chandy

Kambódía

Thor Chandy

Phillip Bank

Fjárfestu í örfjármögnun

+ 15 aðrir fjárfestar

With a loan of EUR 4,400 Thor is able to invest in a tractor to plough his land more effectively.

€4,400

Upphæð

3.00%

Áhugi

24 mánuðir

Gjaldagi

6 mánuðir

Endurgreiðslur

EUR

Gjaldmiðill

Upphæð	€4,400
Áhugi	3.00%
Gjaldagi	24 mánuðir
Endurgreiðslur	6 mánuðir
Gjaldmiðill	EUR

100%

Fullfjármagnað á 3 dögumá 28 June 2016.

Verkefnið

Mr. Thor Chandy is a farmer who lives with two children in Kampong Cham province. He grows mangoes, cashew nuts, and rice on five hectares of farmland. Before he become a professional farmer, he joined agricultural training class and learned from his neighbor who has many years of experience.

Mr. Thor is now requesting for a loan to purchase a tractor so that he can work on his farm and rent to other to plow the farmland for an additional profit.

The loan must be repaid in 24 months.

Fyrirtækjanafn	Phillip Bank
For the term "CEO," the appropriate translation in Icelandic is "forstjóri."	Thor Chandy
Stofnað	2015-01-01
Staðsetning	Kampong Cham
Geiri	Landbúnaður
Velta	€70,714.28
Starfsfólk	2

Áhrif

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.