Phillip Bank 3 (KREDIT Cambodia)

With a loan of EUR 63,500 Phillip Bank will be able to provide 6 farmers in Cambodia with capital, so they can purchase tractors, animals and land.

funding gap emerging markets

Projektet

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 6 farmers in Cambodia:

Khom is a farmer at Takeo Province of Cambodia. She and her husband have been working as farmers, growing cashew nuts and cassava since 1996 to make income for her family. She would like a loan to expand her farm. Khom is asking for a loan of US$15,000 to purchase a tractor, a purchase that she sees as a good opportunity to increase her family income.

Sieklim, is a married mother and lives with her husband and three children in Kampong Cham province. She and her husband have been working as farmers, growing cashew nuts and cassava since 1996 to make an income for her family. She would like a loan to expand her farm. Sieklim is asking for a loan of US$10,000 to purchase farmland, a purchase that she sees as a good opportunity to increase her family income.

Chanthan has been working as a farmer, growing cashew nuts and cassava for 20 years to make an income for her family. She would like a loan to expand her farm. Chanthan is asking for a loan of US$10,000 to purchase farmland, a purchase that she sees as a good opportunity to increase her family income.

Eng Sydun is a famer at Kampong Cham Province of Cambodia. She has asked a fund to buy more animals, chickens, ducks and cows to raise her income. 

Thiv Sokha is working as a farmer of animals at Kampong Cham Province of Cambodia. Sokha has been working hard to get a successful life. Sokha wishes to increase her profits and get greater profits, so she asked for a fund to buy more animals.

Se Nan is working as a farmer of animals at Kampong Cham Province of Cambodia. Sokha wishes to increase her income, so she has asked for a fund to buy more animals.

Phillip Bank

VD
Sydun Eng
Grundat
2020-02-06
Plats
Phnom Penh
Sektor
Jordbruk
Omsättning
€15,000,000
Anställda
9
€63,500upphöjd
Fullt finansierat på 7 dagarpå 18 April 2020
233investerare
Investeringar från lokala partner
€63,500
Finansieringsmål
3.0
%
Intresse
48
månader
Löptid
6
månader
Återbetalningar
A
B
C
D
E
Kreditvärdighet

Social avkastning

2
Skapade jobb
65
Liv som förbättrats

Phillip Bank är en mikrofinansinstitution i Kambodja som investerar i människor och deras företag via mikrolån. Genom att tillhandahålla rörelsekapital till lokala entreprenörer gör de det möjligt för människor i Kambodja att ytterligare expandera sina företag och nå sin potential för företagstillväxt och jobbskapande.

Mikrolån är ett effektivt verktyg för att bekämpa fattigdom. Forskning har visat att samhällen med fler livskraftiga små lokala företag har mer balanserade ekonomier och högre genomsnittlig välfärdsnivå. Deras omsättning går huvudsakligen tillbaka till lokalsamhället, vilket säkerställer ekonomisk tillväxt och stabilitet. Det kapital som Phillip Bank tillhandahåller bidrar till att på ett hållbart sätt förbättra familjers ekonomiska välbefinnande på landsbygden och i städerna.

SDGs påverkade

Med detta projekt bidrar du till följande mål för hållbar utveckling:

SDG 1. Ingen fattigdom

SDG 8. anständiga arbetsvillkor och ekonomisk tillväxt

Läs mer om den påverkan du kan göra genom vår plattform och SDGpå vår sida om påverkan.