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.
Borrower or Client: Angkor Kasekam Roongreung Co. Ltd.
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Agriculture and Forestry
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 21.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD): $ 21.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-10-19
Disclosure Date: 2017-10-02
ANGKOR KASEKAM ROONGREUNG CO. LTD.
FMO-52135

Project Description
Angkor Kasekam Roongreung Co. Ltd. (AKR) is one of the largest rice miller in Cambodia. The company gained a good reputation processing qualified fragrant rice "Neang Malis" which is marketed market both domestically and internationally. The company sources its paddy via a dedicated network of member-farmers. These farmers receive inputs and assistance which enables them to produce the high quality paddy. The proposed funding will be used for AKR's investment in a dryer and working capital for expanding its contract farming program for sourcing fragrant rice.
Investment Description
Contact Information
http://angkorrice.com/