First Finance 23

Every day, Mao Hong works in his workshop to secure his family’s future. With an affordable housing loan from First Finance, he and his wife are investing in a better, safer, and most importantly, own home.Will you invest in stability for his family?

funding gap emerging markets
First Finance
Company
Cambodia
Country

The project

Although poverty in Cambodia is decreasing, many families still live in vulnerable conditions without safe housing. For low- and middle-income households, buying a home is often out of reach. Nearly 40% of the urban population therefore lives in simple, informal neighborhoods where basic services such as clean water, sanitation, and electricity are not always available.

First Finance was founded in 2009 to change this. The financial institution supports Cambodian families who want to buy a home by providing affordable housing loans. Thousands of families have since had the opportunity to become homeowners for the first time.

One of these families is the family of Mao Hong and his wife Sokpoun. For twenty years, they lived with their three children in a small house without basic facilities. With the income from their small shop and motorcycle repair service, they could not afford a larger home. When their daughters started working in a textile factory and the family’s income grew, they dared to take out a $13,000 loan from First Finance. With it, they built an 80 m² house with a toilet and a separate kitchen.

Thanks to First Finance’s support, they were also able to invest in their business, expand their shop, and improve the repair space. The loan gave them a safe home and more perspective for their future.

A home of their own means peace of mind, security, and stability. Will you help Cambodian families take that step?


Your Investment

  • Annual interest rate: 6,75%
  • Maturity: 36 months
  • For an investment of €1,000, the expected total repayment is €1,143
  • Grace period: The loan has a 12-month grace period during which no principal is repaid, but you’ll receive interest payments every 6 months.
  • Repayments: Starting in month 18, you’ll receive repayments every 6 months, including interest, with payments in months 18, 24, 30 and 36.
  • Currency: dollar. Please note that while you invest in euros, the loan is in dollars, which means there is a risk of currency fluctuations between the two. Visit our page on currency risks for more details.

First Finance

CEO
Sim Senacheert
Founded
2009-04-23
Location
Phnom Penh
Sector
Services
Turnover
$4,011,438
Employees
374
€150,000raised
Fully funded in 21 days on 17 March 2026.
630investors
€150,000loan is in
USD
target
6.75
%
Interest
36
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score
USD
Microfinance

Impact

110
Lives improved

In Cambodia, 75% of people cannot afford to buy a home. Yet owning a house is one of the most important steps toward economic stability for low and middle-income families.

First Finance helps bridge this gap. By offering long-term home improvement loans, they enable underserved families to buy, build, or improve a place they can truly call home. But they do not stop there. First Finance also educates people on how to safely buy and sell property, while protecting them against the risks that often come with homeownership.

Safe and affordable housing is more than just a roof overhead. It improves living standards, strengthens both mental and physical health, supports children’s growth and development, and creates lasting opportunities for families. The positive effects extend further, generating jobs, raising incomes, and contributing to a more sustainable environment.