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funding gap emerging markets
Camboya

Phillip Bank 2 (KREDIT Cambodia)

  • Phillip Bank
  • Invertir en microfinanzas
  • + otros 218 inversores
  • With a loan of EUR 72,600 Phillip Bank (formerly known as KREDIT Cambodia) can provide working capital to 6 entrepreneurs.

    €72,600
    Importe
    3.00%
    Interés
    42 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€72,600
    Interés3.00%
    Vencimiento42 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 13 díasen 30 Marzo 2020.

      El proyecto

      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 6 entrepreneurs in Cambodia.

      Brak Chanyary, is a taxi service at Krong Chbamorn. She turns over 39,600US per annum and employs 4 people. She is seeking a loan of 13,000US to increase her working capital requirements.

      Khoun Ry, has a transport rental service at Memot. She turns over 8,136US per annum and employs 5 people. She is seeking a loan of 15,000US to increase her working capital requirements.

      Ouk Sarorn, has a house rental service at Phnom City of Cambodia, she turns over 19,200 US and employs 3 people. She wishes to increase her profits, then she had taken a fund of 17,000US to build more of house and boost her business.

      Rem Bunnarom, is a car cleaner service at Kampong Cham Province of Cambodia. He turns over 9,996US per annum. He employees 5 people and opened a new outlet in Kampong Cham two months ago. He is requesting working capital of 10,000US to boost this new outlet.

      At Thea, is a transport service at Memot. She turns over 173,556US per annum and employs 5 people. She is seeking a loan of 10,000US to increase her working capital requirements.

      Ta Ra, is a transport rental service at Memot. She turns over 185,628US per annum and employs 5 people. She is seeking a loan of 15,000US to increase her working capital requirements.

       

      Nombre de la empresaPhillip Bank
      Director generalOng Teong Hoo
      Fundado2009-01-01
      UbicaciónPhnom Penh
      SectorServicios
      Volumen de negocio€15,000,000
      Empleados5000

      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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