Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Cambodia
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Netherlands Development Finance Company (FMO)
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2015-12-11
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: The Cambodia Laos Myanmar Fund
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Finance
Investment Amount (USD): $ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Share This Page

 

Contact Us

Do you have more information on
this project, or want to get involved?
Contact EWS

Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-08-01
CAMBODIA LAOS MYANMAR DEVELOPMENT F
FMO-45040

Project Description
The Cambodia Laos Myanmar Fund II is the second fund managed by credible and locally present fund manager Emerging Markets Investment Advisors. The Fund is the successor fund of the Cambodia Laos Development Fund established in 2011, in which FMO invested USD 4 million for a 20 percent stake from MASSIF. The Fund will be sector-agnostic growth capital fund and will focus on SME financing in Cambodia, Laos and Myanmar. FMO will invest USD 10 million in the Cambodia Laos Myanmar Development Fund II. The Fund: - Focuses on three frontier markets (Cambodia, Myanmar and Laos) where impact potential is high; - Focuses on SME financing (minimum 80 percent) with a wide range of business models that create opportunities and impact for the upcoming middle class; - Provides access for FMO to Myanmar at a relatively low risk because of the multi-country focus; - Non-financial value added through e.g.: training, job creation, improved governance, labor practices, products and services newly offered to segments and geographies. Financing for SMEs is highly needed but very scarce in the targeted developing market. The Fund will invest a minimum of 80 percent in SME's. The financial activities of the Manager, contributes to the understanding of and confidence in, equity-related financing among the entrepreneurial/SME communities in the focus countries, which adds to developing their financial sectors. The Fund will add non-financial value to SME's through: increase volume and quality of training, job creation, improved business governance, labor practices that they require from investees, taxes paid and products and services newly offered to segments and geographies.
Investment Description