The Grameen Crédit Agricole Foundation continues to develop its partnership with LOLC in Cambodia

The Grameen Crédit Agricole Foundation granted a new loan equivalent to € 1.9 million to the Cambodian microfinance institution LOLC Cambodia, over a three-year period. This loan is the fifth granted by the Foundation to this institution (formerly TPC), a partner since 2010.

With this new loan, LOLC Cambodia, whose mission is to provide entrepreneurs and families at the base of the socio-economic pyramid with economic opportunities to improve their quality of life and their community through the provision of effective and sustainable financial services, represents 55% of the microfinance commitments of the Foundation in Cambodia where it currently has three partner MFIs.

To find out more about the Foundation's partners, click here.