Phillip Bank 10 (KREDIT Cambodia)

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Cambodge

Phillip Bank 10 (KREDIT Cambodia)

Phillip Bank

Investir dans la microfinance

+ 208 autres investisseurs

With a loan of EUR 62,750 Phillip Bank (before Kredit Cambodia) will be able to provide growth capital to 6 entrepreneurs.

€62 750

Montant

3,00%

Intérêt

48 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€62 750
Intérêt	3,00%
Maturité	48 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 25 jours sur 15 Juillet 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 entrepreneurs:

Sokneth Sean wishes to purchase the construction materials to build a new house.
Khin Savun wants to purchase a tour car
Sen Chanda wants to purchase a van for delivery of her groceries
Chek Nath wants to purchase more land to plant more cashews.
Sboung Kheang wants to purchase more land to plant more cashews
Sboung Srey wants to purchase more land to plant more cashews

Nom de l’entreprise	Phillip Bank
PDG	Khin Savun
Création	2020-02-18
Lieu	Phnom Penh
Secteur	Services
Chiffre d'affaires	€607 832
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.