Microfinance formed over 30% of Cambodia’s 2022 GDP

26 January 2024
Khmer Times
Banking and financial services / Economy and commerce / Micro-finance
Cambodia Microfinance Association (CMA) / loans

Microfinance has grown exponentially in Cambodia and is not as stressed as reported by the international media, according to a study by research firm M-CRIL in partnership with the Cambodia Microfinance Association (CMA). A sector which had only 50,000 clients in 1995, now services 2.1 million households. And loan portfolio over the decades has grown to $9.4 billion – which is over 30 percent of Cambodia’s GDP of $29.96 billion in 2022. …

 Rachel.David
https://www.khmertimeskh.com/501429233/microfinance-formed-over-30-of-cambodias-2022-gdp/

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