Largest MFI Prasac gets loan boost for coffers
Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country.
On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development Finance Company. The Den Hague-based development bank provides $12.5 million, the rest is shared among five other countries. …
