Cambodia: Requests for Loan Restructuring Fall

The Cambodia Microfinance Association (CMA) is now discussing with its members about extending loan restructuring to next year, according a senior officer of the Microfinance Association (CMA).

Kaing Tongngy, head of CMA’s communications department, said the trend of requesting loan restructuring is showing a fall. He added that between April and May, about 20,000 applicants per week requested a loan restructure, but it dropped to 10,000 requests a week in June and about 5,000 requests a week in July.