Microfinance Deposits and Loans Grow

Outstanding loans among micro-credit institutions increased by 6.7 percent to $505.46 million in the second quarter of this year compared to the first quarter, figures from the Cambodia Microfinance Association show. According to the data, deposits held by Cambodia’s 27 microlenders grew by 33.2 percent to $69.38 million over the same period. The data does not include microcredit loans and deposits from Acleda Bank which has a total of $236.34 million microloans outstanding in Cambodia.