MFI opens with $50m loan package

21 October 2011
The Phnom Penh Post
Economy and commerce
EastWing Group / financial institute / foreign investors / Grand Cooperation / human resources / Japanese aid / joint investment / loan / local investors / National Bank of Cambodia / Singapore / Sonatra Microfinance Institution / Training

Sonatra Microfinance Institution, a joint investment between local and foreign investors, officially started operations in Cambodia yesterday. A US$50 million loan package was signed during the ceremony on Thursday, providing Singapore-based EastWing Group and Japanese firm Grand Cooperation with a 30 per cent stake of the MFI…

http://www.phnompenhpost.com

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