Gojo & Company, Inc. (“Gojo”) is pleased to announce that it entered into a share purchase agreement with Chamroeun's existing shareholders to bring its total ownership in Chamroeun Microfinance PLC. (“Chamroeun”) to 99.9%, making Chamroeun a consolidated subsidiary. The transaction is subject to regulatory approvals.
Following its initial acquisition of a 14.99% minority stake in September 2025, this milestone deepens Gojo’s long-term commitment to Cambodia, marking its second majority-stake integration in the country alongside MAXIMA Microfinance Plc. (“MAXIMA”). By moving from a minority investor to a primary parent company, Gojo will fully extend its group resources, technological expertise, and institutional governance to accelerate Chamroeun’s growth and strengthen client protection standards.
Gojo is to acquire Chamroeun shares from PHALs Inc. (“PHALs”) and Mr. Nobuaki Takahashi, CEO of PHALs.
Yannick Milev, Chief Executive Officer of Chamroeun
“Chamroeun management, all staff and partners are excited to engage on this journey with Gojo. The shared values for responsible lending, the common ambition to drive these to microfinance clients looking to grow microentreprises essential to the Cambodian economy, and the commitment to doing so using best-in-class tools and systems will drive this new partnership. Thank you to Gojo for their belief in our capacity to further contribute to their success, and to that of their shareholders.”
Gürol Sari, Chief Operating Officer of Gojo
“Gojo’s focus is on repositioning Chamroeun in the Cambodian market as a leading digital finance player. By introducing Gojo’s digital processes and tools such as our client app and loan application process, we are drastically improving the client experience as well as improving efficiency. Looking ahead, we aim to elevate Chamroeun to the same high standards of client protection as our other group company, MAXIMA—the current benchmark in Cambodia—as we work toward securing their Gold Certification in client protection certification.”
About Chamroeun Microfinance PLC.
Chamroeun is a social microfinance institution in Cambodia, established in 2009. Licensed by the National Bank of Cambodia, Chamroeun operates across multiple provinces, serving more than 20,000 households. The institution focuses on economically active low-income and underbanked households, as well as small enterprises, providing them with access to responsible financial services.
About Gojo & Company, Inc.
Gojo is a Tokyo-based holding company of inclusive financial service providers operating in 7 countries in South Asia, Southeast Asia, Central Asia, and the Caucasus. Gojo was founded in 2014 to extend financial inclusion across the globe. Gojo Group, including major investees, is serving 1.7 million clients across the globe as of March 2026. Gojo has been a Certified B Corporation™ since January 2025, committed to the continuous improvement of its social and environmental performance.
