Cambodia’s micro-lenders report 33 pct loan growth in 9 months

Cambodia’s 35 microfinance institutions had lent $1.18 billion to their customers by the end of September this year, a 33 percent rise from $890 million at the end of last year, a report of the Cambodia Microfinance Association (CMA) said Friday. On the deposit side, the customers’ deposits at microfinance institutions had reached $365 million at the end of September this year, up 30 percent from $280 million at the end of last year, the report said. … Some 1.49 million people have borrowed money from the microfinance institutions as 880,000 have deposited their money in the institutions, it added. …

Global Times News Staff
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