News

French agency to offer loans for solar panels

The French Development Agency (AFD) confirmed Wednesday that it will sign $6 million worth of loan agreements with three microfinance institutions (MFIs) to help rural households purchase solar panels and electricity. ...

Kang Sothear
http://www.cambodiadaily.com/business/french-agency-to-offer-loans-for-solar-panels-71345/

Big strides for savings in MFIs

Microfinance deposits are on the rise, a positive trend that the industry says is moving the country towards a reduced dependency on foreign funding and that will eventually lead to greater control over interest rates. The seven microfinance institutions licensed to take deposits collected $209 million ...

Hor Kimsay
http://www.phnompenhpost.com/business/big-strides-savings-mfis

MFIs as one commercial bank

PhillipCapital, a Singapore-based integrated financial services provider and a majority stakeholder in three of Cambodia’s micro-finance institutions (MFIs), plans to consolidate the three into a commercial bank. ...

http://www.phnompenhpost.com/2012122560462/Business/mfis-as-one-commercial-bank.html

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