News
Cambodia sees just 1% rise in MFI loans this year
Loan volume in Cambodia’s microfinance sector increased by only one percent in the first three quarters of 2024 compared to 2023, a sign that the current unfavourable global economic conditions are affecting the Cambodian economy as well. ...
Sum Manet
https://www.khmertimeskh.com/501585584/cambodia-sees-just-1-rise-in-mfi-loans-this-year/
Green bonds, red flags: Cambodia’s microfinance crisis deepens amid sustainability push
When Davuth fell behind on his microfinance loan earlier this year, a credit officer visited his home in Ratanakiri province almost daily. The officer pressured him to borrow from neighbourhood lenders or sell his farmland – his main source of income and livelihood, he said. ...
Leila Goldstein and Eung Sea
https://dialogue.earth/en/climate/green-bonds-red-flags-cambodias-microfinance-crisis-deepens-amid-sustainability-push/
Microfinance sector provided $5.12B loans to 1.57M clients in 2023
The microfinance sector has provided a credit sum of $5.12 billion to 1.57 million clients, an average of $3,260 per account last year, creating direct employment for 21,567 people nationwide with a business network of 904 offices. ...
Nhean Chamrong
https://www.khmertimeskh.com/501440074/microfinance-sector-provided-5-12b-loans-to-1-57m-clients-in-2023/
