Gojo & Company, Inc. (“Gojo”) is pleased to announce the acquisition of a 14.99% stake in Chamroeun Microfinance PLC. (“Chamroeun”), a microfinance institute in Cambodia in September 2025. This is Gojo’s second investment in the country following the investment in MAXIMA Microfinance Plc. (“Maxima”) in 2015.
Cambodia’s financial inclusion sector is currently experiencing a period of significant difficulty. Over the past several years, multiple reports have documented cases of over-indebtedness and inappropriate collection practices, raising serious concerns regarding the wellbeing of microfinance clients. Gojo acknowledges these concerns and treats them with the utmost gravity. In response, Gojo will prioritise the development of both Maxima and Chamroeun in Cambodia with a strong and demonstrable commitment to Social and Environmental Performance Management, placing the interests and wellbeing of clients at the centre of its strategy. Looking ahead, Gojo’s vision is to contribute to a more responsible and resilient financial ecosystem in Cambodia—one that fosters sustainable growth, protects clients, and strengthens trust in the microfinance sector.
As a minority shareholder, Gojo will support Chamroeun to continue pursuing its mission to improve the livelihoods, skills, and self-confidence of low-income households in Cambodia. Chamroeun offers various types of individual loan, group loan, and corporate loan, achieving a Gross Loan Portfolio of USD 33.72 million as of December 2024. Additionally, Chamroeun received Client Protection Certification in February 2024, further demonstrating its commitment to responsible microfinance.
About Chamroeun Microfinance PLC.
Chamroeun is a leading social microfinance institution in Cambodia, established in 2009. Licensed by the National Bank of Cambodia, Chamroeun operates across multiple provinces, serving more than 30,000 households. The institution focuses on economically active low-income and underbanked households, as well as small enterprises, providing these with access to responsible financial services. Chamroeun upholds industry best practices, including strong client protection principles and transparent governance. Over the years, it has been recognized for its social performance and unwavering commitment to inclusive finance.
About Gojo & Company, Inc.
Gojo is a Tokyo-based holding company of inclusive financial service providers operating in 14 countries in South & Southeast Asia, Central Asia & the Caucasus, and Sub-Saharan Africa. Gojo was founded in 2014 to extend financial inclusion across the globe. Gojo Group, including major investees, is serving 3.4 million clients across the globe as of March 2025. Gojo has been a Certified B Corporation™ since January 2025, committed to the continuous improvement of its social and environmental performance.
