PRASAC Pay Back Cambodia Society Via Building Library
08 February 2012
PRASAC is a leading Microfinance Institution in Cambodia in terms of loan Portfolio Outstanding and Nationwide Branch Network. Currently, PRASAC offers a competitive loans and savings which clients can access in 24 provinces and city. Now PRASAC is serving 123,500 active loan clients with USD 142million loan outstanding, and 7,930 active depositors with USD 5 million saving amount.
In order to achieve Cambodia Millennium Development Goals (CMDG) by 2015, the Cambodia Royal Government has prioritized Education Development, particularly Education For All program which is under implementation to ensure that all the Cambodian students have to complete the basic education at Primary School at least and roll out to the 9 years program. Concerning with this, PRASAC is also committed to support the core policy of the government through building libraries for the primary schools under the collaboration with Room to Read Organzation.
With its social vision and mission, PRASAC is going to build more libraries for the primary schools in Cambodia and offer scholarship for the outstanding students in both local and national level as well. At the same time, PRASAC is also strongly committed to protect the environment and rural sanitation through providing biodigester loan, latrine loan and clean water.