HKL borrow money from IFC10 million to support micro-finance sector in Cambodia

Phnom Penh: IFC, part of the World Bank announced $ 10 million loan lhea American Micro-Finance HKL to expand loans to customers who find eating micro-enterprise small and medium rebadged related sectors Agriculture., according to IFC's decision announced today. According to sources, said that IFC plans to provide loans to 504 million US dollars in 2017. Previously, IFC has provided loans to HKL than 229 million American already. Eng Huot HKL Tong, president of Micro, said: "The loans from the IFC will contribute to increasing growth Cornelius economic growth in the country."


The move IFC's Asia managing director said that the loan will help expand business customers commercial fishery Cambodian people. At the same time, inflation more than 154 thousand people will be able to get loans. Currently, the IFC aims to expand lending Prague 845 Customer trophy weighs approximately 48 percent in the country.

Advertisement