MFI survey claims debtor success
A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn’t borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia Microfinance Association on Friday released a study that showed positive outcomes for borrowers in changes in income, assets and the empowerment of women, among others. The Cambodia Institute of Development Study, an independent institution, surveyed 1,876 MFI clients, 568 non-clients, and 533 former clients in 15 provinces during the first nine months of 2011…
