French financing: Cambodian MFI fetches $5m loan
Hattha Kaksekar Limited, one of Cambodia’s largest microfinance institutions, has received a US$5 million loan from a French development organisation in order to meet rising demand among its client farmers. PROPARCO, which is a joint venture between the French Development Agency and public and private shareholders, and Hattha Kaksekar signed the loan agreement yesterday in Phnom Penh…
