Tag Archives: MFI

Lenders faced with the repayment of microfinance loans

In the meeting, representatives and experts said that around 0.6 percent of borrowers from the Cambodia Microfinance Association (CMA) are unable to pay their loans. Although this represents a small percentage, late payments are on the rise. Bun Mony, director of MCA, was quoted by the Cambodia Daily as saying that “most of my borrowers … Continue reading

Microfinance lending down

MICROLENDERS reported slower loan growth in 2008 at the Banking Cambodia conference last week, adding that a stronger deposit base would put the sector on a solid footing for 2009. Hout Ieng Tong, chairman of the Cambodia Microfinance Association, said loans declined to US$438 million in 2008 from $470 million the previous year, speaking at … Continue reading