History

Prasethpheap Finance Microfinance Plc

Prasethpheap Finance (PF) was one of the many projects of the Mengly J. Quach Foundation which is a nonprofit organization. It functions as a Social Corporate Responsibility body of the Mengly J. Quach Education.

  • 2005

    PF was established

    PF was established in 2005 for the purpose of providing zero interest loans to students, staff, families and people from all walks of life. They are mostly from poor and vulnerable families. Since its founding, PF has been granting loans amounting to over three million USD.

  • 2013

    To reach our vision

    To reach our vision, “… making life better,” PF has been transforming since 2013 into a financial institute providing low interest loans to the public in order to ensure the sustainability of its operations. It is now a separate entity from the Mengly J. Quach Foundation.

  • 2016

    Prasethpheap Finance Microfinance Plc registered under No: 00003008 from Ministry of Commerce on March 02, 2016 and obtained the operation license No: MF-73 as a MFI from National Bank of Cambodia on August 31, 2016.

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