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We are striving to enlarge our operation and outreach to broadening the contribution in poverty alleviation in Cambodia . In paralleling to this end, presently we have some new projects and revolution that will be resulted in our improvement efforts.

New Capital Structure and BOD Composition:

Year 2007 is the year of another big revolution of CHC-Limited after becoming the commercial and licensed MFI in late 2005, we have increased share capital from USD 65,000 to USD600,000 with another big shareholder from CMI, Catalyst Microfinance Investors.

CMI is managed by one of the world's leading microfinance institutions (MFIs), ASA in Bangladesh (www.asabd.org ) in partnership with Sequoia ( www.sequoia.eu ), an independent corporate finance advisory and private equity firm with offices in the United Kingdom and the Netherlands.

We would like to express our warmly welcomed to Md. Shafiqual Haque Choudhury who is a founder and president of ASA that he becomes another member of Board of Directors of CHC-Limited. His involvement will become more benefit and great help for CHC-Limited's improvement. Click here to see BOD composition in details.

Saving Policy Development

During this August 2007, we have received Technical Assistant from our partner, CARD MRI in Philippine, to assist in studying the feasibility and setting up saving policy for our clients as the mean to help them managing their own finance. We recognize that saving is a new culture for poor Cambodian that we need to cultivate, as well as changing their mind. With saving, it can provide us a hug of funding source with low cost and sustainability rather than funding from external.

 

 

 

 

 

 

 

 
 
Copyright 2007 © CHC-Limited, All rights reserved.
Website: www.chcmfi.com, Email: info@chcmfi.com
Phone/Fax: 023 998 226