4 February 2015
The total amount of savings at Cambodia’s
deposit-taking microfinance institutions (MFIs) reached $897 million by the end
of 2014, more than doubling from its 2013 base of $445 million.
Of the 39 MFIs operating in Cambodia, seven
have gained licences to accept deposits since a law was passed in 2007 allowing
the practice. Deposits collected from the Phnom Penh area represented about 30
to 40% of all MFI savings, with the rest coming from the country’s provinces. Prasac
is the largest MFI with deposits worth $305 million, followed by Hattakasekar
Limited (HKL) at $173 million, Sathapana Limited at $166 million, and Amret at
$153 million. The three remaining MFIs – AMK, Credit, and VisionFund – received
less than $40 million each.
Source:
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