Cambodia: Prasac Microfinance Institution to Receive $40 Million Loan

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.