Gojo & Company Expands Microfinance Footprint in Cambodia with Acquisition of Chamroeun
Tokyo-based holding company Gojo & Company has entered into a definitive share purchase agreement to acquire a controlling 99.9% stake in Cambodia’s Chamroeun Microfinance. The transaction, which will make Chamroeun a consolidated subsidiary, remains subject to regulatory approvals.
Gojo will acquire the additional shares from PHALs and its CEO, Mr. Nobuaki Takahashi. This agreement follows Gojo’s initial purchase of a 14.99% minority stake in September 2025.
The move marks Gojo's second majority-stake integration in the Cambodian market, joining its existing portfolio company, MAXIMA Microfinance. Chamroeun currently serves over 20,000 economically active low-income and underbanked households and small enterprises across multiple provinces.
According to Gojo’s leadership, the strategic focus for Chamroeun will involve digital transformation—integrating Gojo’s proprietary digital processes, client application, and loan processing tools to streamline operations. Additionally, Gojo plans to align Chamroeun’s governance and client protection standards with group benchmarks, aiming to secure a Gold Certification in client protection for the institution.
Founded in 2014, Gojo operates inclusive financial service providers across seven countries in South Asia, Southeast Asia, Central Asia, and the Caucasus. As of March 2026, the Certified B Corporation served approximately 1.7 million clients globally.
Norbert Gehrke
