CGCC and YEAC to Explore the Possibility of Collaborations to Enhance YEAC’s Members Access to Finance

On November 1, 2024, Mr. No Lida, CEO of CGCC, and colleagues extended a warm welcome to Oknha Pech Bolen, President of the Young Entrepreneurs Association of Cambodia (YEAC) and Board of Directors and management team of YEAC at CGCC’s office. The purpose of the meeting was to explore the possibility of collaborations between CGCC and YEAC to enhance YEAC’s members’ access to finance.

Through this meeting, CGCC and YEAC explored a comprehensive understanding of the challenges and barriers of business owners in Cambodia and identified strategic initiatives that could support business growth and provide solutions through partnerships between CGCC, YEAC, and Participating Financial Institutions (PFIs) of CGCC. For the next step, CGCC and YEAC plan to expand more collaborations through any outreach platform, such as workshops and seminars on access to finance shared by CGCC to increase the awareness of credit guarantee more comprehensively.