First Finance 27
For Khim, her home is not just a place to live, but also the place where she does her work. Together with her daughter, she weaves silk from home. Thanks to a loan from First Finance, she was able to finish building her house and create a covered workspace, so that she no longer has to work outside in the sun and rain.
The project
Khim lives in Cambodia’s Takeo province with her two children. Together with her eldest daughter, she runs a small silk weaving business alongside rice farming. For years, the weaving took place outdoors, where heat and rain regularly disrupted production.
With a loan from First Finance, Khim was able to complete her home and set up a covered workspace. Mother and daughter now work in safer and more stable conditions, with fewer interruptions and greater control over their income.
Many families in Cambodia do not qualify for a mortgage from a traditional bank because they lack collateral or are unfamiliar with applying for financing. First Finance responds to this challenge with affordable housing loans for families who want to build, buy, or improve a home. The loans are accessible, and repayment terms are tailored to what families can realistically afford.
Will you contribute to better living and working conditions for families like Khim’s?
Your Investment
- Annual interest rate: 7.25%
- Maturity: 36 months
- For an investment of €1,000, the expected total repayment is €1.163.
- 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
Impact
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.
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