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BOP PRASAC 2022

Sector: Raw Materials • Location: Cambodia

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment to PRASAC Microfinance Institution Plc (PRASAC or the Company) is a 3-year senior loan facility of up to US$80 million consisting of (i) IFC’s own account of up to US$50 million of which up to US$30 million in US dollar and up to US$20 million in local currency (LCY), and (ii) mobilization of up to US$30 million in US dollar. The loan proceeds will be used to support PRASAC

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Project Information

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The project “BOP PRASAC 2022” is an infrastructure initiative in the Raw Materials sector, located in Cambodia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

Taiyo status

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Description

Description

The proposed investment to PRASAC Microfinance Institution Plc (PRASAC or the Company) is a 3-year senior loan facility of up to US$80 million consisting of (i) IFC’s own account of up to US$50 million of which up to US$30 million in US dollar and up to US$20 million in local currency (LCY), and (ii) mobilization of up to US$30 million in US dollar. The loan proceeds will be used to support PRASAC’s financing to micro, small, and medium enterprises (MSMEs), and at least US$20 million of the loan proceeds will be dedicated to green financing, which will be IFC’s first green loan in Cambodia (the Project). This senior loan will be supported by the IDA Private Sector Window (PSW) Blended Finance Facility.                                                  

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Original Currency

USD

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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