Statement on “Collateral Damage: Land Loss and Abuses in Cambodia’s Microfinance Sector”

On 07 August 2019, Cambodian League for the Promotion and Defense of Human Rights (LICADHO) and Sahmakum Teang Tnaut (STT) released an statement examine human rights abuses in Cambodia’s microfinance sector. According to their joint report, more than 2 million Cambodians currently have a loan with a microfinance institution, or MFI. Levels of debt have skyrocketed in recent years, leading to a number of human rights abuses, including coerced land sales, child labour, debt-driven migration, and bonded labour. Read full report: Collateral Damage: Land Loss and Abuses in Cambodia’s Microfinance Sector.