Microfinance institution gets insured

Cambodian Micro-financier Prasac will be indemnified against fraud, robbery and loss after signing a 12-month insurance contract with Infinity Insurance.

CEO Sim Senacheet said Prasac bought the insurace to strenghten the microfinance institution before it transforms into a commercial bank in 2013 or 2014.

Source: http://www.phnompenhpost.com/index.php/2012080757847/Business/microfinance-instituition-gets-insured.html