Yon Sok

Kambódía

Yon Sok

Phillip Bank

Fjárfestu í örfjármögnun

+ 10 aðrir fjárfestar

With a loan of 4,800 EUR Yon will be able to buy a water pump and other materials and increase her peperproduction.

€4,800

Upphæð

3.00%

Áhugi

24 mánuðir

Gjaldagi

6 mánuðir

Endurgreiðslur

EUR

Gjaldmiðill

Upphæð	€4,800
Áhugi	3.00%
Gjaldagi	24 mánuðir
Endurgreiðslur	6 mánuðir
Gjaldmiðill	EUR

100%

Fullfjármagnað á einum degiá 28 January 2017.

Verkefnið

Sok Yon, 29, is a mother of two school-aged children and lives in the Tboung Khmum Province of Cambodia. To earn the living, she and her husband working together as pepper and cassava farmers.

The weather conditions have been difficult for farming that is the reason Sok Yon is asking for a loan to purchase a water pump and to buy farming materials for grow more pepper. She believes that this purchase will allow her to increase her income and be able to better support her family.

Local partner Kredit provides a loan to Yon that must be repaid within 24 months.

Fyrirtækjanafn	Phillip Bank
For the term "CEO," the appropriate translation in Icelandic is "forstjóri."	Yon Sok
Stofnað	2004-01-01
Staðsetning	Tboung Khmum
Geiri	Landbúnaður
Velta	€14,717.75
Starfsfólk	1

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.