About MAMEDE Finance Plc.
MAMEDE Finance Plc. Rural Credit Institution is one of the leading rural credit institutions and among many other rural credit institutions in the Kingdom of Cambodia, which is supported and trusted by national and international institutions and its clients. Also. Responding to the needs of all types of financial services of the people, now MAMEDE Finance Plc. has developed a variety of financial services, especially the provision of micro-credit to people in rural areas. In addition, MAMEDE Finance Plc has developed a wide range of credit products to meet of the needs of people in both urban and rural areas in the provinces and capitals of Cambodia more easily.
- Vision
To contribute to the Royal Government in reducing the poverty of the people and improving their economy through responsible credit to ensure the sustainability and financial security of the people.
- Mission
A leading institution in providing microfinance services to people who come to live in cities and residents of the provinces with the most convenient loan terms.
Our MAMEDE Finance Plc. Milestones
- Established a portfolio quality management team in the operations department.
- MoU with Bill 24 to cooperate on loan payment services.
- Keep on make added MoU with Wing Bank in cooperation on payment and financial services.
- Rollout educational loan product to capture the market in collaboration with university students.
- Established a key ratio management for the Department of Finance and Information Technology.
- Cooperation with Wing Bank to pay and loan disburse.
- Developing a social media system to showcase the progress of MAMEDE Finance Plc.
- Developed MAMDE App allow MAMEDE's partners access data operation.
- Added strategy product MMSL.
- Added Woman loan to part build social loan to be strong in operation.
- Became a member of the Cambodian Accounting and Auditing Regulator. Cambodian Accounting and Auditing Regulator.
- Achieved MAMEDE Mobile App for internal use.
- Developed a program to build talent leaders and employees.
- Start defining digital operations strategies that transform MAMEDE Finance Plc. into cost-effective companies.
- Sent the Capacity Development Management Team to participate in 11 course on the Leadership Capacity Development Program coordinated by the Cambodian Microfinance Association.
- Establish a gold nugget program for members of the MAMEDE family.
- Establish an internal audit and risk management department.
- Assessment Independent audit of financial statements Report (External Auditor).
- Become member Credit Bureau Cambodia. (CBC Credit Bureau Cambodia)
- Develop new strategic products to suit the economic situation.
- Improvement Origination Structure.
- Obtain a certificate from Ministry of Commerce and General Department of Taxation
- Implemented Cambodia International Financial Reporting Standards for Small and Medium Enterprises(CIFRS for SMEs)
- Launched Core Online Banking (Online Core banking)
- Collaborate with financial business consulting companies.
- Learned to develop management tools to have an operating standard for the future.
- Become to member CMA.(CMA).
- MAMEDE is a member of the National Social Security Fund (NSSF)
- Changed name to MAMEDE Finance Plc.
- Announced Branch Manager that potential.
- Obtained a certificate as a rural credit institution from BNC. .
- Changed name to Mohachon finance plc.
- Obtained permission from the Ministry of Interior.
- Starting with the name Credit Cambodia and Development.
- Start small loans for only $ 20 per family.
History MAMEDE Finance Plc.
MAMEDE Finance Plc. MMD is a sole proprietorship limited liability company (abbreviation MAMEDE, full name MAHACHON MEET-HOUSE FOR DEVELOPMENT), originally a local organization called Credit Cambodia and Development, licensed by the Ministry of Interior No1297 dated June 20, 2014 to carry out its activities on the project to provide credit to the poor, because the above name is public, which can confuse the public between public and private institutions. In 2015, the management changed its name to Public Finance CCH, and in 2018, to changed its name again to MAMEDE Finance Plc aims to make efforts to support the improvement and improvement of living standards of people and small and medium-sized businesses in each type of business of their customers. Make a profit and grow together by providing the right credit services and advice on using our credit to Raise the living standards of the people, contribute to reducing poverty for the general population.