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Annual Report 2016
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LATEST NEWS
LOLC (Cambodia) Plc. has a great honor to be awarded CERTIFICATE OF TAX COMPLIANCE TYPE “GOLD” from the General Department of Taxation, Ministry of Economy and Finance.
LOLC to receive grade A- in Microfinance Institutional Rating.
LOLC (Cambodia) Plc. is the first MDI to be granted leasing product permission in Cambodia.
LOLC welcomes new relationship with NEDERLANDSE FINANCIERINGS-MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V. (“FMO”)
International Data Group rewards LOLC two awards during its 7th Conference and International exhibition
LOLC the First Microfinance Institution in Cambodia Certified for Commitment to Client Protection
LOLC welcomes new relationship with International Finance Corporation (IFC)
LOLC (Cambodia)Plc. becomes the first MFI to receive the new standard PPI Certification by MicroFinanza Rating, a licensed Grameen Foundation rating agency
LOLC received the S.T.A.R certification from MIX Market
LOLC group acquires majority stake in LOLC Cambodia from developing world markets
LOLC Celebrated the Grand Opening Ceremony of Its Head Office
LOLC and OPIC Support Expansion of home Improvement loans for low-income Cambodians with historic $5 Millon investment
LOLC and good return partner to deliver financial education curriculum to rural cambodia
Absolute Portfolio Management Dual Return Fund Loans $2.5m to KazMicroFinance of Kazakhstan, Imon International of Tajikistan, Frontiers of Kyrgyzstan, LOLC of Cambodia
Absolute Portfolio Management Interviews CEO Nurhayrah Sadava of Microfinance Institution LOLC in Cambodia (LOLC) Regarding Client Protection Principles
Grameen Credit Agricole Microfinance Foundation (GCAMF) Invests $2.2m in Microfinance Institutions CAURIE of Senegal, LOLC Cambodia (LOLC) of Cambodia
United States Agency for International Development (USAID) Provides $2.71m Loan Guarantee to Cambodian Microfinance Institution LOLC to Support Agriculture
Company-wide focus on client protection ensures satisfied customers and high-quality portfolio
18-year history has led to close, longstanding relationships with customers and their families
- Allows LOLC to better respond to client needs
Strict cash flow requirements and most conservative multiple-loan policy of major Cambodian MFIs
Financial Literacy training program provides clients and non-clients the skills to understand and manage their finances
- Reinforced by frequent radio / TV appearances by LOLC staff on personal finance
Partner with USAID / Cambodia HARVEST, which provides agricultural training and technical assistance to farmers and LOLC credit officers
Credit Bureau of Cambodia system implemented at all branches
- Credit report evaluations required for 100% of borrowers
14,000+ credit reports per month
- Valuable tool to supplement in-person loan application evaluations
CBC Credit Report
Head Office
#666B, Street 271, Sangkat Phsar Daeum Thkov, Khan Chamkar Mon, Phnom Penh, Cambodia
Tel: (+855) 23 991 991
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