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 will be able to finance the following 5 entrepreneurs:
Chheng Saly is a businessman with a chicken farm. She employees 9 people. She is requesting for working capital of US 10,000 to boost the business.
Mrs. Pich Sovann is married and lives with her husband in Kampong Cham Province. She has a big store and sells fish in a downtown market of Kampong Cham Province. She is asking for a loan from KREDIT of US$17,000 to make investments. She would like to invest US$ 8,500 in her fish business, and also US$8,500 to buy transportation for the delivery of her fish.
Chanthet has a business, selling grocery in the supermarket for about two years. Most of the products are from Thailand, and every month she goes to Thailand to fill her stock. Currently, the business is making a good profit. She is now asking for a loan of 10,000 USD to increase her grocery.
Em Vin, is a fuel seller at Krong Soung. She employs 2 people. She has been requesting a loan of 10,000 US to increase her working capital requirements.
Bil Neang, is working as an entrepreneur who sells rice. She employs 7 people and she would like to take a fund of 16,000 US to boost her working capital.