ÂÒÂ׺£½Ç the Project
Agriculture is a mainstay of the Cambodian economy, constituting about 22 percent of the country’s GDP. Though poverty rates continue to decline, there are significant discrepancies between urban and rural areas and an estimated 90 percent of Cambodia’s poor live in the countryside.
In effort to promote access to finance, IFC collaborated with Acleda Bank Public Limited Company, a long standing IFC partner, and its subsidiaries in Cambodia and Myanmar to design a program that provided financing solutions to smallholder farmers, agricultural firms, and small and medium enterprises in the agricultural sector across the Mekong region. The project improved lending and provided financial services for agricultural enterprises to increase employment, enhance export earnings and maintain food security.
Country
- Cambodia
Project Status
ActiveFunding
PrivateSupervising entity
- IFC
Results
No results are yet available.
Contact
Mr. Niraj H. Shah
Principal Investment Officer
Program Manager, ÂÒÂ׺£½Ç Private Sector Window
nshah1@ifc.org
Washington, DC
Tel: 202 473 3743