Access to Finance II
Access to Finance for Small Water and Electricity Operators - Phase II Technical Assistance Facility
Field Project

Rural electricity enterprises (REEs) and small water enterprises (SWEs) play a key role in service delivery to clients across Cambodia. The Cambodian Government target is to provide universal access to improved water by 2025, and to provide electricity to 95% of households by 2030.

In order to expand, renovate and maintain their networks, REEs and SWEs will continue to require significant amounts of financing. Although these operators’ businesses are profitable, they still have trouble in accessing finance to fund substantial capital expenditures needed for the expansion and renovation of their networks.

Another challenge is the insufficient levels of financial and technical knowledge on the part of SWEs and REEs that hinders their ability to prepare the requisite documentation to apply for loans. Often times, operators run SWEs and REEs as side businesses, and thus are not technical experts in the field of water and electricity, making it more difficult for them to structure projects and prepare business plans. In addition, many smaller operators lack proper financials, or a full awareness of how much has been invested into their business.

The project seeks to bridge these gaps and allow SMEs to finance high quality projects at competitive rates, while strengthening the overall market ecosystem.

Project Objective

To finance the renovation and expansion works of critical water/ electricity infrastructure and climate-resilient businesses, thereby increasing the quality, reliability and sustainability of service provision for populations across Cambodia.

Project Activities

The 4-year program from 2023 to 2026 aims to support Foreign Trade Bank (FTB) in the management and issuance of 20M$ in loans to water, electricity, and climate-related businesses.

  • Support to FTB as the leader of this activity to provide attractive loans through establishing efficient loan processes and attractive products.
  • Developing and optimizing efficient and useful application procedures and tools, which ensures both ease of use for the borrowers, Approved Service Providers and FTB.
  • Improving the FTB’s capacity to assess applications and understand the small and medium entreprises’
  • Developing marketing plans and tools to ensure loan program advertisement, understanding of application procedures, and promotion of high-quality service providers, as well as coordination with the larger market and stakeholders.
  • Ensuring high  quality  services (ASPs) through proper engineering, design, and planning for implemented projects through selection and quality control of approved service providers.
  • Assessing climate finance busi- ness opportunities to define a target market for financial products, then incorporate them into the overall

Expected results

  • 20 million USD financed for the renovation and expansion works of critical water and electricity infrastructure though ~110 loans.
  • Increased quality, reliability, and sustainability of service provision for populations across
  • Strengthened capacities of FTB to finance the SWE, REE, and their wider climate finance strategy and footprint.
  • SWEs and REEs supported to access financing by the project, and in the future, on favorable terms by professionnalisation or strengthening of their business.
  • Ensured high quality level of the infrastructure financed by the project, and in the future, strengthen the market supply for high quality technical services.
  •  Influenced banking sector to take interest in the stable and low-risk water and electricity sector.



Ongoing project
Start date 29/11/2022 end date 29/11/2026
Budget : 1 000 000 €
Project partners