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 10 entrepreneurs:
- Lat Sokleang is 41 years and wants to buy a truck to deliver her construction supplies to the customers
- Bril Phum is 46 and wants to purchse land to plant mango trees on
- Than Savoerun is a ice-cream seller and wants to invest to further service her community
- Sum Sarmorn is a farmer and she wants to purchase farm items to use on her farm
- Torn Nget is 52 years and is a ice seller in her community at Kandal Province of Cambodia. She would like to buy more supplies to resale
- Chev Lin is a farmer at the Takeo Province of Cambodia, she wants to purchase 1 hectare of land for planting more cashew
- Van Khoerun is 49 years old and she is a goods seller. She would like to buy more items like drinking water and other goods to sell
- Sea Sokhon is 30 years old and she has a house rental service at Kampong Thom province of Cambodia. She wants to purchase construction supplies, cement, sands to build new rooms
- Mey Chanthim is a farmer at the Takeo Province of Cambodia. She would like to buy farm land of 1 hectare for planting more cashew
- Hoem Samat is a rice farmer and wants to purchase 1 hectare of land to plant rice paddy