Project detail - MICROFINANCE OPPORTUNITIES, INC.

MICROFINANCE OPPORTUNITIES, INC.

Status: Completed investment
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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

Microfinance Opportunities (MFO) is a global non-profit organization committed to understanding the financial realities of low-income households and developing consumer-focused solutions.

What is our funding objective?

This project is proposed to measure this increasing stress at a household level so that action can be taken to reduce this before a crisis hits at both the household and sector level. FMO has asked Microfinance Opportunities (MFO) to research and create market intelligence on over indebtedness, collaborating with FMO’s investees, including a few of the largest MFIs in the country, Prasac, Amret, Sathapana and LOLC Cambodia.

Why do we fund this investment?

Over the past decade, FMO has contributed to the inclusive growth of the financial sector in Cambodia. Throughout this period, responsible lending has been a key to the expansion of MFIs. This CD project will provide important insight in the way end-beneficiaries are managing their finances. The results of the study provide crucial market intelligence that can allow FMO and its clients MFIs to make informed decisions about how to mitigate any risk of over-indebtedness going forward.

Region
Asia
Country
Cambodia
Sector
Financial Institutions
Effective date
6/26/2017
End date
7/8/2019
Total FMO financing
EUR 0.06 MLN
Funding
FMO NV