Ven Sin

Kambódía

Ven Sin

Phillip Bank

Fjárfestu í örfjármögnun

+ 26 aðrir fjárfestar

With a loan of EUR 6,000 Sin is able to buy a water pump and farming materials to increase her income.

€6,000

Upphæð

3.25%

Áhugi

42 mánuðir

Gjaldagi

6 mánuðir

Endurgreiðslur

EUR

Gjaldmiðill

Upphæð	€6,000
Áhugi	3.25%
Gjaldagi	42 mánuðir
Endurgreiðslur	6 mánuðir
Gjaldmiðill	EUR

100%

Fullfjármagnað á 6 dögumá 16 February 2017.

Verkefnið

Ven Sin, 49, is married and lives with her husband and two children in the Kampong Cham Province of Cambodia. To earn the living, she and her husband working together as farmers. Additionally, her husband also works in construction building house. The weather conditions have been difficult for farming that is the reason Sin is asking for a loan to purchase a water pump and to buy farming materials for grow more rice. She believes that this purchase will allow her to increase her income and be able to better support her family.

Fyrirtækjanafn	Phillip Bank
For the term "CEO," the appropriate translation in Icelandic is "forstjóri."	Sin Ven
Stofnað	1993-01-01
Staðsetning	Kampong Cham
Geiri	Landbúnaður
Velta	€14,437.38
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.