Cambodia's AMK Microfinance Institution Plc raises a $7.5 million green loan to broaden its green initiatives by introducing renewable energy sources, implementing energy efficiency projects, and developing eco-friendly and circular economy products.

The National Bank of Cambodia and the Cambodia Microfinance Association recently launched a project called Strengthening Safe Finance in Community to enhance safe and secure use of formal financial services and increase access to these services.

National Bank of Cambodia and the Cambodian Microfinance Association recently announced a joint initiative, Strengthening Safe Finance in Communities aimed at increasing financial literacy, consumer empowerment, and client protection.

Visa has recently implemented several successful initiatives that demonstrate its commitment to support the government’s mission to elevate financial literacy and inclusion among women and young people across Cambodia.

The three-year project aims to eliminate barriers in access to finance for young entrepreneurs, create income generation opportunities and promote financial inclusion and growth.

The partnership will help chart a roadmap for responsible growth, financial stability and customer protection in Cambodia's microfinance and broader financial sector.

More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.

Attracted financial means will be directed towards the development of micro, small and medium-sized businesses in Armenia.

The project allows for financing of various loan purposes, for example purchase of housing from primary and secondary markets, renovation, and single-family house construction.

Microfinance-supported entrepreneurs have exhibited the same resourcefulness that has characterized many other small businesses during the pandemic. At the same time, they face a variety of ongoing challenges.