Cambodia: Prasac Microfinance Institution to Receive $40 Million Loan

Date: 
08 Nov 2018
Source: 
Symbiotics SA

The Asian Development Bank (ADB) has approved $40 million loan to Prasac microfinance institution to expand micro and small, medium-sized enterprise lending, according to the report. 

According to the ADB’s report, the loan will support the growth of PRASAC’s financing portfolio for micro, small, and medium-sized enterprises (MSMEs). It said that the project’s primary stakeholders are MSMEs in Cambodia’s rural and semi-urban areas.

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Country: 
Cambodia