Digitization in Microfinance: Case Studies of Pathways to Success
This Working Paper takes a unique look at MFI innovation with digital technologies by featuring case studies on five MFIs that successfully created measurable customer and business value through digitization.
Cambodians Forced to Sell Assets to Repay Loans as Coronavirus Hammers Economy
Many Cambodians are being forced to sell their livestock and farms to pay off debts to banks and microfinance institutions, prompting calls for the government to prevent lenders from collecting during the outbreak.
Cambodian Workers Owe $10 Billion in Microfinance Debt as COVID-19 Wipes out Incomes
With many Cambodians out of work, COVID-19 is also throwing another problem into sharp relief: that of precariously high microfinance debt.
For Many Cambodians, Debt Repayment Bigger Threat Than COVID-19
Deep household debt might soon push Cambodia into a crisis as job losses caused by Covid-19 make it even harder for families repay loans, experts and debtors say.
SPTF and Cambodia Microfinance Association Sign Agreement to Strengthen Client Protection in Cambodia’s Financial Services
The partnership will help chart a roadmap for responsible growth, financial stability and customer protection in Cambodia's microfinance and broader financial sector.
Silatech Launches Project to Support 89,000 Youths in Cambodia, India and Sri Lanka
The three-year project aims to eliminate barriers in access to finance for young entrepreneurs, create income generation opportunities and promote financial inclusion and growth.
Banks and Microfinance Institutions to Remain Fully Operational During COVID-19 Crisis
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have announced that all services will continue to be offered throughout the current COVID-19 pandemic, according to a joint statement by the ABC and CMA released last week.
Coronavirus Pandemic Deepens Cambodia's Microfinance 'Crisis'
The couple, in their 50s, run a roadside restaurant in Kampong Speu, a province west of Phnom Penh that has the highest number of microcredit loans in Cambodia.
Cambodia's Finance Sector Lends Hand to Nation's Needy
Since the beginning of 2020, Cambodia's BFIs have raised more than $500,000 in donations for health, sanitary and food supplies to support vulnerable communities.