CAMBODIA LAOS MYANMAR DEVELOPMENT F
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Cambodia Laos Myanmar Fund II is the second fund managed by credible and locally present fund manager Emerging Markets Investment Advisors. The Fund is the successor fund of the Cambodia Laos Development Fund established in 2011, in which FMO invested USD 4 million for a 20 percent stake from MASSIF. The Fund will be sector-agnostic growth capital fund and will focus on SME financing in Cambodia, Laos and Myanmar.
What is our funding objective?
FMO will invest USD 10 million in the Cambodia Laos Myanmar Development Fund II. The Fund: - Focuses on three frontier markets (Cambodia, Myanmar and Laos) where impact potential is high; - Focuses on SME financing (minimum 80 percent) with a wide range of business models that create opportunities and impact for the upcoming middle class; - Provides access for FMO to Myanmar at a relatively low risk because of the multi-country focus; - Non-financial value added through e.g.: training, job creation, improved governance, labor practices, products and services newly offered to segments and geographies.
Why do we fund this investment?
Financing for SMEs is highly needed but very scarce in the targeted developing market. The Fund will invest a minimum of 80 percent in SME's. The financial activities of the Manager, contributes to the understanding of and confidence in, equity-related financing among the entrepreneurial/SME communities in the focus countries, which adds to developing their financial sectors. The Fund will add non-financial value to SME's through: increase volume and quality of training, job creation, improved business governance, labor practices that they require from investees, taxes paid and products and services newly offered to segments and geographies.
More investments
| Date | Total FMO financing |
|---|---|
| 8/4/2020 | USD 0.93 MLN |
- Region
- Asia
- Country
- Cambodia
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 12/11/2015
- Total FMO financing
- USD 10.93 MLN
- Funding
- FMO NV
-
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) - B