20 November 2014
Cambodia’s
microfinance sector continued to experience rapid growth as loan disbursements
reached $1.79 billion over the first three quarters of 2014, a year-on-year
increase of 51%.
Cambodia
Microfinance Association covers loans issued by 45 microfinance institutions
(MFIs), not including Acleda Bank. Last year, 39 institutions handed out $1.18
billion in loans over the same period. In a 2013 report by the Cambodia
Institute of Development Study that analyzed the level of indebtedness in the
MFI sector, 51% of borrowers surveyed said they had struggled to repay their loans
on time.
Source:
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