Thursday
April 20
2023

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)

Categories
Energy, Finance, Investing
Tags
electric vehicles, impact bonds, lending, microfinance, MSMEs, renewable energy, solar, waste