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Proparco granted a $50 million credit line to Sathapana Bank in order to support SME financing and women entrepreneurship in the country.
Published on 18 Dec 2020
In presence of Mr. Kai Jin Fung, CEO of Sathapana Bank, Djalal Khimdjee, Deputy Chief Executive Officer of Proparco and Sandrine Boucher, Director of AFD's Cambodia office, Agence Française de Développement (AFD) and Proparco, its private sector subsidiary, have granted a USD 30 million senior loan to Sathapana Bank. Financed by AFD Group, it will be used to exclusively finance loans eligible for the 2X Challenge (for women's entrepreneurship, leadership and employment) up to USD 20 million and loans to SMEs up to USD 10 million.
Published on 15 Dec 2022
Golden Rice was founded in 2009 and is Cambodia’s leading exporter of high-end jasmin rice. In 2013, Proparco granted the company a special loan of 10 million dollars over five years to help Golden Rice finance its growth strategy.
Published on 30 Nov 2017
Page Grand Angle
MICROCREDIT: A SOLUTION under certain conditions
By offering financial services to the neediest population groups, microfinance institutions support micro-enterprises and help enhance living conditions for their customers. Microfinance provides assistance in starting up a business, mobilizing savings or taking out insurance to cope with the hazards of life. This meants it has a potential for growth that is commensurate with the degree of financial exclusion that continues to plague so many developing countries. At first blush, this looks like a ideal way out of poverty.
Published on 04 Aug 2017
In Cambodia, Proparco is collaborating with the Foreign Trade Bank of Cambodia (FTB), a long-standing partner of AFD Group, by signing a $20 million line of credit and a €1.5 million technical assistance grant. The project aims to improve access to essential water and electricity services for Cambodian households in peri-urban and rural areas.
Published on 15 Dec 2022
This loan will help Golden Rice further increase its production capacities. It will also allow the company to finance an additional 1MW of rice husk gasification for electricity production, thus encouraging innovative technology, supporting renewable energy and decreasing Golden Rice’s energy-related costs.
Published on 07 Jun 2018
Through a $20 million investment, Proparco will support job creation and sustainable development in Thailand and the Mekong region.
Published on 10 Sep 2021
Golden Rice is based in Phnom Penh and is one of the main rice exporters in Cambodia. The company is recognized for its qualitative and responsible approach. It sources from small local producers and processes over 200,000 tons of paddy (unhusked rice) every year.
Published on 11 May 2020
Actualité
Proparco supports Microfinance Solidaire's commitment to financial inclusion and access to energy
Thanks to a €2 million loan granted by Proparco, Microfinance Solidaire will expand its support to some twenty microfinance institutions and social enterprises in Africa, Asia and Haiti. This operation illustrates Proparco's strong ambition to support the private sector in fragile countries, which is a priority of its new strategy.
Published on 25 Jan 2021
Actualité
Proparco supports GreenYellow’s commitment to renewable energy production in South-East Asia
Through a $25 million investment, Proparco will contribute to the development of small scale, decentralized solar plants for commercial and industrial clients in Thailand, Cambodia and Vietnam.
Published on 20 Jan 2022