Phillip Bank 8 (KREDIT Cambodia)

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Phillip Bank 8 (KREDIT Cambodia)

Phillip Bank

Investir dans la microfinance

+ 253 autres investisseurs

With a loan of EUR 76,800 Phillip Bank (before Kredit Cambodia) will be able to provide growth capital to 6 female farmers.

€76 800

Montant

3,00%

Intérêt

36 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€76 800
Intérêt	3,00%
Maturité	36 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 13 jours sur 15 Juin 2020.

Le projet

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 will be able to finance the following 6 female entrepreneurs:

Hem Sreyneat, is a farmer who lives in Bateay Meanchey Province of Cambodia. She wishes to renovate her house, so she decided to take a loan of 10,000 USD

Chen Vanny, is a chicken farmer raised in Battambang Province of Cambodia. She has been requesting a fund of 20,000US to boost her working capital.

Sou Sophea, is a farmer at the Pursat Province of Cambodia. She has been requesting a loan of 10,000US to boost her working capital.

Mom Chanthoeun, is a farmer at Kampot Province of Cambodia. Chathoeun has requested a fund with the amount of 10,000USD to purchase more animals.

Hy Yoeun, is a farmer at Prey Veng Province of Cambodia. She has been requesting a loan of 12,000USD to boost her working capital and purchase more land to plant rice.

Mass Pjong, is a farmer at Steng Treang Province of Cambodia. She has requested a loan of 20,000USD to boost her working capital.

Nom de l’entreprise	Phillip Bank
PDG	Vanny Chen
Création	2020-02-11
Lieu	Phnom Penh
Secteur	Agriculture
Chiffre d'affaires	€15 000 000
Employés	6

Impact

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.