Phillip Bank 9 (KREDIT Cambodia)

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Phillip Bank 9 (KREDIT Cambodia)

Phillip Bank

Investir dans la microfinance

+ 177 autres investisseurs

With a loan of EUR 62,300 Phillip Bank (before Kredit Cambodia) will be able to provide growth capital to 6 entrepreneurs.

€62 300

Montant

3,00%

Intérêt

36 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€62 300
Intérêt	3,00%
Maturité	36 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 5 jours sur 22 Juin 2020.

Le projet

[EN] LET OP

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 entrepreneurs:

Meng Mao: has an animal farm and would like to buy more stock
Meas Pheap would like to purchase a van to deliver his products
Oeng Chanthor: rice farmer who would like to buy a rice harvester
Oeng Vann: rice farmer who would like to buy a rice harvester
Chum Sophal: would like to renovate her hostel
Sea Kimseang: would like to purchase another rickshaw

Nom de l’entreprise	Phillip Bank
PDG	Chanthor Oeng
Création	2020-02-12
Lieu	Phnom Penh
Secteur	Agriculture
Chiffre d'affaires	€458 000
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.