Hivos-Triodos Fund Extends $507,000 loan in Microfinance Investment to Thaneaka Phum Cambodia

Thaneaka Phum Cambodia (TPC), a microfinance institution founded in 1994, received a loan for 19.5 million Thai Baht (THB), or about US$507,000, from Hivos-Triodos Fund. TPC had 43,194 active borrowers as of year end 2005, with a gross loan portfolio of $4.5 million. Total assets totaled $5.3 million, with a return of 7.01%. Total equity was $3.1 million, with debt to equity ratio of 67.60%.

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