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Tag Archives: small loan
Microfinance loan up 5.46 percent in 3th quarter
Cambodian Microfinance Association (CMA) released its figures that during the third quarter of this year, Cambodia’s microfinance institutions (MFIs), which included 21 MFIs and small loans from ACLEDA Bank, increased 5.46 percent to 448.1 million, following a 2.7 percent drop in outstanding loans in the second quarter. According to CMA’s data, non-performing loans (NPLs) declined … Continue reading
Lenders see rise in bad microloans
MICROLENDERS predict nonperforming loans (NPLs) will grow from 0.67 percent last year to more than 1 percent in 2009 as more borrowers struggle to pay their debts in an economic slowdown. Even with the slowdown, some lenders say their total loans will increase in 2009 as demand for banking services grows. That could lead to … Continue reading