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- Operations
- PRASAC Microfinance Institution Limited (PRASAC)
PRASAC Microfinance Institution Limited (PRASAC)
Cambodia
| Borrower | PRASAC Microfinance Institution Limited |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Financial |
| Approved | 20.03.2013 |
| Signed | 27.06.2013 |
| Status | Completed |
| Loan Administrator | FMO |
| Co-financiers | Others, BIO, FMO, NDF |
| OPEC Fund Contribution (US$m) | 10.00 |
This loan will help the bank expand its services in extending microfinance loans to Individuals and SMEs in Cambodia, particularly those in poor, rural areas.
The loan will assist in employment generation and general economic growth, as well as helping strengthen the country’s financial and banking sector.