PRASAC Got USD 20 Million Loan from DEG to Support SME Growth in CAMBODIA
29 May 2014
On April 30, 2014 PRASAC microfinance institution and the German DEG – Deutsche Investitions und Entwicklungsgesellschaft mbH signed a loan agreement for an amount of 20 million US Dollars. With such long-term loan, PRASAC is able to provide more loans to SME clients, who need financing for productivity improvement and business expansions. This is another step forward for PRASAC to be recognized as an outstanding financial institution by international investors like DEG.