Cambodia has potential for social businesses

Despite challenges, Cambodia has potential for the establishment and expansion of social businesses, participants of the Microfinance & Social Business Conference in Phnom Penh said yesterday. While social business in Cambodia is still in an early phase compared to micro-finance  “Cambodia is a promising land” for such a concept, Jean-Luc Perron, managing director of the Grameen Crédit Agricole Microfinance Foundation, said. … The conference was a joint event by the Cambodian Microfinance Association and the Grameen Crédit Agricole Microfinance Foundation and included speakers and delegates from Cambodia, France, India, Senegal and Bangladesh.

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