Posts Tagged ‘Cambodia’

Microfinance Investor BlueOrchard opens its Asian office in Cambodia

Microfinance Focus, Aug 23, 2010: Geneva based commercial microfinance investor BlueOrchard Finance has recently opened its Asian office in Phnom Penh, Cambodia for strengthening and expanding its presence across the continent. In Cambodia, BlueOrchard Finance has been actively lending to microfinance institutions since 2001 and has a current investment portfolio of 36 million USD. Across South and South-East Asia, BlueOrchard Finance manages a total of 115 million ... Full story

Microfinance News Synopsis: More Small Businesses May Benefit From Microlending

Microfinance Focus, May 31, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. More Small Businesses May Benefit From Microlending: The microfinance industry is setting its sights on U.S. small businesses, IndiaWest reports. A recent report from IndiaWest has potentially exciting news for entrepreneurs looking for lending. According to the paper, microfinance lending is currently expanding ... Full story

New CGAP report ponders opportunities for protecting poor consumers

Microfinance Focus, Feb 23, 2010: Close on the heels of borrower defaults in several microfinance markets and the debate over whether financial services for the poor are meaningful or not, several lawmakers in the United States and Europe are busy to put in place meaningful new protections for financial consumers. To explore the opportunities for protecting poor consumers, CGAP has come out with a report. The ... Full story

Jardine Matheson Group acquires 12.25% stake in ACLEDA Bank

Microfinance Focus, Dec. 17, 2009: JSH Asian Holdings Limited announced on Thursday that it has agreed to acquire a 12.25% stake in ACLEDA Bank Plc (‘ACLEDA’), Cambodia's second largest bank, from FMO, the international development bank of the Netherlands. JSH Asian Holdings Limited is a subsidiary of Jardine Strategic Holdings Limited, a public listed member of the Jardine Matheson Group, said a statement. The purchase, which ... Full story

ADB provides $30.7M to Cambodia’s livelihoods, microfinance program

Microfinance Focus, Dec. 10, 2009: The ABD will assist Cambodia develop microfinance institutions and rural livelihood service providers in Cambodia's Tonle Sap Basin region by providing $30.7 million in loans and grants program to aid a new Cambodia new initiative to boost income and food security in the region. Two of ADB’s development partners in Cambodia, the International Fund for Agricultural Development (IFAD), and the Government ... Full story

Mixed progress on Millennium Development Goals in Asia: ADB

Microfinance Focus, Aug. 26, 2009: Despite the continued progress made by the countries in Asia and Pacific, hunger still remains widespread and many economies are struggling to meet other Millennium Development Goals (MDG), including reductions in maternal mortality rates and access to sanitation, latest available data show, said Asia Development Bank in a statement.  The trend reflected in 'Key Indicators 2009,' the Asian Development Bank's (ADB) flagship annual statistical publication, which presents the latest available economic, financial, social, environmental, and MDG indicators for regional members of the ADB. Full story
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