Status: Approved investment
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Why 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

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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

Maxima Microfinance Plc (“Maxima”) is a regulated microfinance institution in Cambodia. Maxima offers Group, Individual and Small Business loans. Maxima currently operates in 8 provinces in Cambodia, has 14 branches, employs over 170 staff and has over 6,800 active borrowers, of which roughly 91% are women.

What is our funding objective?

FMO’s loan of USD 4mln is dedicated to financing micro clients and water, sanitation and hygiene (green) projects, thereby contributing to decent work and economic growth activities and supporting climate action.

Why do we fund this investment?

Maxima plays an important role in providing access to finance to micro and small enterprises, a critical segment in supporting job creation. Furthermore, FMO brings additionality by providing scarce medium-term financing and supporting the growth of Maxima’s reducing inequalities and green portfolio. This transaction will be the first DFI loan to Maxima.

What is the Environmental and Social categorization rationale?

Maxima E&S is categorized as C given the nature and size of its loans. The company does not have exposure to activities on FMO’s exclusion list or IFC-PS triggered transactions.

Website customer/investment
Financial Institutions
Publication date
Effective date
Total FMO financing
USD 3.00 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)