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: U
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: 2016-12-13
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: Cambodian Microfinance Association (CMA)
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): $ 0.04 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported EUR 0.03 MLN
Converted using 2017-08-01 exchange rate.
Project Cost (USD): $ 0.04 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-08-01
CAMBODIA MICROFINANCE ASSOCIATION
FMO-50335

Project Description
The Cambodian Microfinance Association (CMA) is an NGO and professional association that aims to ensure the sustainability of the microfinance sector in Cambodia. The risk of over-indebtedness is increasing. This project is focused on designing a set of responsible lending guidelines for the Cambodian microfinance sector. FMO has been a long-term funder to the Cambodian microfinance sector, with diverse products and building strong relationships. Collaborating with CMA and the CBC, together with MFIs and other lenders, is the perfect means for FMO to show its broad support to promote a healthy and sustainable microfinance sector.
Investment Description