Next key dates

23 September 2025 Next subscription deadline

16 August 2025 Next redemption deadline

20 July 2025 Publication of NAV (est.)

September 2024

Semi-annual Report September 2024 (pdf)

Microfinance in Cambodia

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Stories from the ground

Semi-annual report 30 September 2024

The un-audited semi-annual report for the financial year 2024-25 is now available featuring the work of microfinance institution Vision Fund Dominican Republic dedicated to serving very low-income households with a particular attention to the region bordering Haiti.

The Fund also reflects on the development in a year marked by challenging global environment with rising geopolitical instability, higher interest rates and inflation.

Some thoughts on the microfinance sector in Cambodia

We have been following the evolution of the sector in Cambodia for many years. LMDF published an article in our 2020 Social Performance report on the concerns over the evolution of the sector [Article]. At the time, the article concluded stating “responsible microfinance in Cambodia is facing its biggest test yet“…

Invest Differently

LMDF invests in emerging microfinance institutions that work hard to provide a better life for micro-entrepreneurs. We help these promising institutions to become solid partners for micro-entrepreneurs who need a reliable and fair supply of basic financial services.

Micro-entrepreneurship in Zambia

Josephine, a young widow and mother from Kasama in the Northern Province of Zambia, has managed to lift her family out of poverty with her business.

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Unique protection against risks

For investors in Class C (share Class open to individuals and non-profit structures) the Fund has set up a risk protection mechanism, through the A and A_bis share Classes (the Luxembourgish State and the NGO ADA). Concretely, if an MFI does not reimburse the Fund, Class C investors benefit from by an initial absorption of losses through Class A and A_bis.

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