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funding gap emerging markets
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Phillip Bank 4 (KREDIT Cambodia)

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 73 inversores
  • With a loan of EUR 20,000 Phillip Bank will be able to finance 2 supermarkets in the capital city of Cambodia, so these companies can expand.

    €20,000
    Importe
    3.00%
    Interés
    48 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€20,000
    Interés3.00%
    Vencimiento48 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 5 díasen 15 Abril 2020.

      El proyecto

      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.
      Nombre de la empresaPhillip Bank
      Director generalSreybrak Seng
      Fundado2020-01-30
      UbicaciónPhnom Penh
      SectorMayorista / Minorista
      Volumen de negocio€15,000,000
      Empleados4

      Impacto

      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.

       

      SDG’s impacted

      With this project you are contributing to the following Sustainable Development Goals:

      SDG 1. No poverty

      SDG 8. Decent work and economic growth

      Read more about the impact you can make through our platform and the SDGs on our impact page.

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      Ya hemos invertido en Phillip Bank 4 (KREDIT Cambodia)

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      Ron van Eijk
      Judith Janssen
      Jan van Munster
      Dirk Rentmeester
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      73
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