Maxima Microﬁnance - Gojo&Company,Inc.gojo.co/wp-content/uploads/2017/05/Maxima_Introduction_Mar2017.pdf · Maxima Microﬁnance Plc. ... Administration in 1986.Mr.Rithy is well

Maxima Microfinance Plc. All rights reserved.

Maxima Microfinance�Company Introduction


Founded in March 2000, we have provided microfinance for the development of Cambodia and accelerated its growth after having Gojo as a partner.

Key Information

Vision To be the leading microfinance institution offering micro-financial services with the highest quality of customer service. Mission To offer micro-financial services with an emphasis on lending to rural poor and low-income individuals & groups and small &medium enterprises to improve their living standards and realizing their business goals. Management Team Pa Ponnak Rithy, Founder & CEO Sreng Sivechheng, Founder & CFO

2000 Initiated its microcredit operation 2005 Obtained the microfinance license from the National Bank of Cambodia and named the company Maxima 2014 Gojo & Company Inc., a Japanese company holding majority shares of microfinance institutions in Asia, joined Maxima as a new shareholder KPIs as of December 2016 4,549 Clients $9,8　million Outstanding Loan 0.99% 30 days delinquent portfolio 11 Offices in Phnom Penh and 4 provinces 135 Employees

Corporate History

2


General Assembly

Board of Directors

Advisory Board

Audit Committee

Risk Committee

Chief Executive

Officer

Chief Financial Officer

Finance & Admin

Department

IT Department

Credit Department

Audit Department

Risk Department

HR Department

Marketing Department

SPM Department

Organizational Structure

3

CEO Secretary

Branch &Service

Office


Management Team

PA PONNAK RITHY is the Chief Executive Officer at Maxima. He joined Maxima in December 2000. Prior to this, he was an Accounting and Administration Assistant in LWS (1998-2000), a Chief of Accounting at Pacific Commercial Bank (1995-1998), a Deputy Chief of Credit Office of the National Bank of Cambodia in Kampot province (1980-1995). Mr. Rithy completed his degree in Accounting/Finance and Banking in Cambodia and received Bachelor of Business Administration in 1986.Mr.Rithy is well versed in English and Khmer.

Dr. AN BUNHAK is a co-founder and Chairman of the Board of Maxima. Prior to working at Maxima, Dr. Bunhak served as Chief of Finance at Pacific Commercial Bank (1995-2000). Dr. Bunhak earned his Doctoral Degree of Business Administration (DBA) in Management from Preston University, USA in 2009. He obtained a Master of Banking and Finance at Ateneo De Zambuaga University and a Bachelor of Business Administration in 1995 from the Faculty of Business, Cambodia.

SRENG SIVECHHENG is the Chief Financial Officer at Maxima. She has been with Maxima since the inception of the Company in 2000. Before Maxima, from 1995 to 2000, she worked as Chief of Remittance at Pacific Commercial Bank. She completed her Master of Financial Management at Royal University of Law and Economics, Phnom Penh in September 2016. Ms. Sivechheng obtained Bachelor of Business Administration specialize in Management at the National Institute of Management, Cambodia in 2001. Ms. Sivechheng is well conversed in English, Thai and Khmer.

4


Directors and Managers

Chet Chanprasoeur Director

Sanjay Gandhi Director

Dr. Yean Rithy Independent Director

Muy Mara Director

Dr. Ao Veng Independent Director

Taejun Shin Director

Nin Touch Credit Manager

Khiev Sengdy Marketing manager

Tann Hokheng Internal Audit Manager

Sim Soupheakna CEO Secretary & HR Manager

Khean Darith IT Manager

Lay Sineath Admin Manager

5


Our Partners (as of March 2017)

6


Overview of 2016: Due to an uncertainty shown in the early 2016, we strengthened organization rather than expanding rapidly during the period.

Number of Clients Loan balance (USD) & 30 days overdue%

•  Macro Environment: Uncertainty due to the money inflow from the East Asian Countries to the real estate and banking sector, causing higher delinquency rate. The political unrest remains due to 2018 general election."

•  What we did: Focused on improving staff and clients satisfaction, lending discipline, social performance, among the others. Staff turnover rate has been around 10%, the lowest level in the industry. The additional capital injection has been made.

•  What we will do next year: Start growing again. Adding 50+ credit officers and opening 4 branches. Collaboration with an international organization is under way.

Number of Staff Monthly Revenue and Profit* (USD)

Overview

* Excluding FX item

55 55 59 68

47 51 51 60

102 106 110 128

0

20

40

60

80

100

120

140

1Q16 2Q16 3Q16 4Q16

Credit Officers HQ & Other Staff

4,610 4,508 4,285 4,549

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

1Q16 2Q16 3Q16 4Q16

Individual Loan

8,336,459

8,259,593

8,192,382

9,825,293

0.86% 1.19% 1.45%

1.05%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

-

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

10,000,000

1Q16 2Q16 3Q16 4Q16

Individual Loan

PAR30

490,207 480,309 475,433 513,048

87,575 77,500 129,916

209,458

0

100,000

200,000

300,000

400,000

500,000

600,000

1Q16 2Q16 3Q16 4Q16

Total Revenue Net Profit after TAX

7


KPIs 2015 – 2016

Indicators Jan-Dec 2015 Jan-Dec 2016 YoY

No of Branch & Service Office 10 11 10.0%

Number of Provinces Covered 4 5 25.0%

Number of Districts Covered 23 23 0.0%

Number of Communes Covered 139 114 -18.0%

Number of Villages Covered 725 561 -22.6%

Active Borrowers 4,729 4,549 -3.8%

Number of Credit Officer 50 60 20.0%

Total Staff 108 135 25.0%

Loan Outstanding (in USD) 8,016,117 9,825,293 22.6%

Loan per Credit Officers 160,322 163,755 2.1%

Average Loan Size 1,695 2,160 27.4%

PAR 30+ 0.67% 1.00% 49.3%

NPL 53,830 97,935 81.9%

8


A photo taken after the team building dialogue. Staff turnover at Maxima is the lowest level in the industry (10% in 2016), thanks to the staff satisfaction.

9


A photo of the annual party in January 2017. Every year we have the party to celebrate the achievement and award the best employees, followed by a dance party at night.

10


Cleanliness and Health Promotion Project for Children of our clients and their villages

Green Cambodia Campaign, planting trees in our operation areas

11


Mr. Nobuyuki Idei, the former CEO of SONY, visited Maxima and its field operation. He said “Maxima has great employees to provide quality financial services for the clients.”

12


JICA delegates visited Maxima office. In the wrap-up meeting, they said “we are surprised by how deeply Maxima built trust relationship with its clients.”

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Documents

Maxima Microﬁnance - Gojo&Company,Inc.gojo.co/wp-content/uploads/2017/05/Maxima_Introduction_Mar2017.pdf · Maxima Microﬁnance Plc. ... Administration in 1986.Mr.Rithy is well