LOLC (Cambodia) PLC.
Asia
Region
‐
Investment (MNOK)
Exit
Status
LOLC (Cambodia) Plc. (“LOLC”) is a rapidly growing, regulated microfinance institution in Cambodia with a focus on serving entrepreneurs and families at the base of the socio-economic pyramid with the economic opportunities to transform the quality of their lives.
In February 2020, Norfund has provided senior loan to LOLC (Cambodia) to on-lend to its focus customers, underserved rural clients. Norfund's loan will promote access to financial services for low income households in the Country.
Key information
- Sector:
- Financial Inclusion
- Investment (MNOK):
- ‐
- Year:
- 2020
- Region:
- Asia
- Country:
- Cambodia
- Domicile:
- Cambodia
- Instrument:
- Loans
- Status:
- Exit
- Mandate:
- Development
Additionality for LOLC (Cambodia) PLC.
This investment is particularly additional on the following ambitions:
- Investing in high risk instruments
- Taking an active role in investments
- Promoting social and environmental standards