Project detail - SATHAPANA BANK PLC


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Who is our client

Sathapana is a professional, deposit-taking microfinance institution in Cambodia. It is currently the third largest MFI in the country. They have a profitable track-record and exhibit excellent financials. The focus of Sathapana is on micro and small loans, though it is gradually making a shift to larger loans. Sathapana has an extensive branch network throughout the country providing loans to rural farmers.

Funding objective

The loan will be used to expand Sathapana's MSME portfolio, thereby contributing to the growth of the microfinance institution. Sathapana is in the process of shifiting from providing primarily micro business loans to providing loans to the SME sector. This shift is in line with the maturity of Sathapana's clients and it addresses the large demand for loans from the SME sector within Cambodia.

Why we fund this project

FMO funds this project because Sathapana focuses on providing loans to the financially underserved population in both urban and rural Cambodia. The shift towards providng loans for the SME sector is fully in line with FMO's strategy. FMO plans to provide a syndicate loan to Sathapana, of which this US$15 mln loan is the first step. Through the syndicate, Sathapana is introduced to new parties and it will ensure an efficient process for Sathapana.

More investments

Date Total FMO financing
4/1/2022 USD 20.00 MLN
2/21/2019 USD 16.50 MLN
Financial Institutions
Signing date
Total FMO financing
USD 15.00 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)