Big strides for savings in MFIs
Microfinance deposits are on the rise, a positive trend that the industry says is moving the country towards a reduced dependency on foreign funding and that will eventually lead to greater control over interest rates. The seven microfinance institutions licensed to take deposits collected $209 million from January to June this year, a 35 per cent increase from $154 million in same period last year, according to a report from the Cambodia Microfinance Association (CMA) and obtained by the Post yesterday. …
Hor Kimsay
http://www.phnompenhpost.com/business/big-strides-savings-mfis
