The project

Warning

Given the current situation regarding COVID-19, there is increased uncertainty. Although Phillip Bank is in good shape and agreements have only recently been made with regard to interest and maturities, it is wise to be careful with your investments.

Phillip Bank Plc is a member of PhillipCapital, an integrated Asian financial house based in Singapore, but operational in 15 countries, including offices in Australia, Cambodia, China (and Hong Kong SAR), France, India, Indonesia, Japan, Malaysia, Singapore, Thailand, Turkey, UK, UAE, USA and Vietnam. 

Phillip Bank Plc commenced business in Cambodia in 2009. In 2019, they merged with Lendahand's partner Kredit (an MFI focused providing financial services and training to low-income earners). 

Information document issuing entity (NL)

Information note issuing entitiy (BE)

With this investment Phillip Bank can provide loans to 2 supermarkets in Cambodia:

1. Sreybrak is a married woman who lives together with her husband. She has been operating in her store to make an income for the past 11 years. In order to increase her family profits, she is now asking for a loan to add more vegetables to her store and the rest of the loan she would like to use to expand her store
2. Phanny is a married woman who lives together with her husband. She has been operating a grocery in Phnom Penh, Cambodia since 2010. In order to increase her family profits, she is now asking for a loan to add more groceries to her store and the rest of the loan she would like to use to buy some land.