#30B, Street 652​, Sangkat Tek La-Ak III, Khan Tuol Kork, Phnom Penh, Kingdom of Cambodia.

Tel : +855 23 882 676, Email: info@cma-network.org

Policy Advocacy

CMA is one voice representative of microfinance sector. It exists to negotiate with regulators, policy makers and key stakeholders on legal issues, regulations, the laws and draft laws relating to MFIs operations. CMA also listens to the comments from members about issues they are facing within the industry. CMA works closely with relevant government departments to bring about resolutions for members.

The following is examples of recent work:

  • Negotiate with the Tax Department about withholding tax and penalty tax issues.
  • Discussed the NBC’s usage of the saving symbol for MDI, the chart of accounts and the proposal for the establishment of a credit bureau, annual license fees for MFIs, MIDs, NGOsetc, and FATCA registration and implementation
  • Discussed MEF and NAC on IFRS implementation
  • Discussed with CBC the price of using client information
  • Discussed with MoI the NGO who provide credit to clients with very high interest rates

 

LATEST DATA FOR CAMBODIAN MICROFINANCE

Sunday, 30 Jul 2017 (Updated)
N& MFIs 59 MFIs 62 MFIs
Loan $3,328.00 $3,544.37
Borrower 1,848,571 1,880,483
Deposits $$1,625.16 $1,765.49
Depositor 1,652,227 1,718,982
Figure Q1/2017 Q2/2017

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