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PRASAC Microfinance Institution
Microfinance (Social)
Microfinance institution PRASAC has developed into one of the top 5 microfinance institutions of Cambodia and has a very strong rural focus with a widespread office network. One of the products PRASAC offers is focused on renewable energy. The institution has partnered with the government in the provision of bio-digester loans to clients in the villages which do not have access to electricity. Triodos Fair Share Fund and Triodos Microfinance Fund have provided a loan to PRASAC.
KEY INDICATORS PRASAC Microfinance Institution at year-end 2012:
- number of loan clients: 134,146
- percentage female clients: 78%
- percentage rural clients: 89%
- average loan amount: EUR 1,215
- number of savings clients: 291,087
Microfinance
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.