Cambodia’s micro-lenders report 33 pct loan growth in 9 months

Cambodia's 35 microfinance institutions had lent $1.18 billion to their customers by the end of September this year, a 33 percent rise from $890 million at the end of last year, a report of the Cambodia Microfinance Association (CMA) said Friday. On the deposit side, the customers' deposits at microfinance institutions had reached $365 million at the end of September this year, up 30 percent from $280 million at the end of last year, the report said. ... Some 1.49 million people have borrowed money from the microfinance institutions as 880,000 have deposited their money in the institutions, it added. ...

Global Times News Staff
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