Cambodia

Cambodia

Microfinance

Supported institution: LOLC Cambodia

Investment date: December 2015

Total investment: 2.1 million Canadian dollars

Project description

LOLC Cambodia is a microfinance institution based in Phnom Penh with a national network of 79 rural and urban locations. Formerly known as TPC, the supervised, non-bank financial institution is held in majority by LOLC Micro Investment Ltd. and in minority by Developing World Markets and is a member of the Cambodia Microfinance Association.

LOLC Cambodia is the fourth-largest microfinance institution in the country, with an active portfolio made up of nearly 1 billion Canadian dollars in individual and group loans and over 300,000 clients, approximately 80% of whom are women.