AMK of Cambodia Borrowing $7.5 Million for Green Microfinance via Bond Issue From British Based BII, and Swiss Based Symbiotics
Symbiotics Investments, a Switzerland-based investor focused on smaller businesses in low- and middle- income countries, recently disbursed $7.5 million to Cambodia’s AMK Microfinance Institution to fund its ongoing lending for electric two- and three-wheeled vehicles as well as new products, such as “solar energy loans for water irrigation and biogas electricity installation loans for waste management projects.”
Photo courtesy of aaron gilson.
Source: Khmer Times (link opens in a new window)
- Tags
- e-mobility, impact bonds, lending, microfinance, MSMEs, renewable energy, solar, waste