PROJECT

Projects

Summary of Investment Information

Project Number

38235

Company Name

PRASAC MICROFINANCE INSTITUTION PLC

Date SPI Disclosed

Mar 18, 2016

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

May 13, 2016

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : May 19, 2016
Signed : May 26, 2016
Invested : Jul 27, 2016

Sector

Microfinance and Small Business - Non Commercial Banking

Project Description

The proposed project (the “Project”) aims to provide a senior debt package to PRASAC Microfinance Institution Limited (“PRASAC” or “Company”) in order to support its further growth in the market, especially its lending to micro borrowers.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation