Microfinance: an insider’s view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed by the National Bank of Cambodia (NBC). Their operations cover 24 provinces and cities and as of June, the total outstanding loan portfolios was US$733 million. …
