Milestones
1993 CARE International - Cambodia, funded by the Australian Government, piloted the βSocial Economic Improvement for Local Agency (SEILA) Projectβ in Phnom Penh. The project was intended to extend credit to vulnerable groups in the area. CARE also implemented village banking projects in Pursat and Banteay Meanchey provinces through funds from UNDP/CARERE.
1996 Seilanithih NGO was established through the merging of CARE Cambodiaβs projects in Banteay Meanchey, Phnom Penh and Pursat, with CARE serving as advisor. These three provinces became the first three locations for Seilanithih NGO branches.
1998 Seilanithih NGO started to pilot Individual loan product with loan size up to US$ 500 to 100 clients in Phnom Penh branch.
2001 Registered with the National Bank of Cambodia (NBC) as a Rural Credit Operator. Established a new branch in Malai District, Banteay Meanchey province.
2002 Opened branch in Battambang province.
2003 Transformed into a private limited company and obtained licensed from the NBC as a Microfinance Institution
2006 CARD international investor becomes a shareholder
2007 Awarded with permanent license by the NBC. Establish a new branch in Siem Reap province.
2008 Branch opening in Kampong Cham province.
2009 Catalyst Microfinance Investors International (CMI) Holding becomes a shareholder.
2010 Established three new branches in Thmorkol, Thmorpouk, and Phnom Proek.
2011 Established two new branches in Kamrieng and Bavel.
2013 Hired a new Chairman, Chief Executive Officer and welcomed two new Shareholders.
