In a major step forward for consumer protection in Cambodia’s financial sector, the Financial Consumer Centre (FCC) has officially taken over the consumer complaint hotline previously managed by the Cambodia Microfinance Association (CMA) and the Association of Banks in Cambodia (ABC). This strategic transition is aimed to advance trust and confident of customers, investors and stakeholders on the banking system. Click HERE to read more.

The Cambodia Microfinance Association (CMA), in collaboration with 54 member institutions, nine partners, and seven affiliated pages, is proud to mark a major milestone in its ongoing commitment to strengthen financial literacy across Cambodia through its Weekly Financial Literacy Campaign — now one of the most consistent and impactful initiatives in the …. Click HERE to read more.

To strengthen ethical practices within Cambodia’s financial sector, the Cambodia Microfinance Association (CMA) and the Association of Banks in Cambodia (ABC), have jointly introduced a Guideline on Ethical Standards for Credit Officers. This landmark initiative endorsed by the National Bank of Cambodia (NBC), aims to promote fair, transparent, and responsible lending practices throughout the

The Cambodia Microfinance Association (CMA) recently hosted seven Nepalese delegates from the Centre for Self-help Development (CSD Nepal) and its member organizations. The visit aimed to help participants learn about the successes and challenges of Cambodia’s microfinance both at sectoral and operation levels. During their six-day visit, the delegates... Click HERE to read more.

This study examines how people perceive microfinance in Cambodia. Using data and information from a household survey conducted in 2021, it identifies factors influencing perceptions of microfinance, including interest rates, impact on debt burdens, and its role in business support and improving living standards. The findings show that individuals with higher financial literacy and stronger social capital are more likely to understand the relatively high interest… Click HERE to read more.

This  study  examines  the  impact  of  Microfinance  Institutions'  (MFIs)  performance  on  economic growth in Cambodia, using annual panel data from 62 MFIs for the period 2017–2023. Employing advanced econometric techniques, the findings reveal nuanced relationships between key indicators of MFI performance and GDP growth. Notably,

This paper develops multistate models to analyse loan delinquency in the microfinance sector, using data from Ghana. The models are designed to account for both partial repayments and the short repayment durations typical in microfinance, focusing on estimating the probability of transitions between two or three repayment states, including delinquency. Social variables, such as religious and cultural factors, were found to play a statistically significant role in influencing repayment behavior, highlighting the impact of societal dynamics on financial outcomes. We explored both time-independent and time-dependent frailty models to capture unobserved heterogeneity. Overall, the findings emphasize the importance of social factors in delinquency but suggest limited predictive gains from incorporating frailties into multistate models.. Click HERE to read more.

Eight years ago, Ms. Chhuon Oeun embarked on her journey as a jasmine trader with a modest starting capital of just KHR 2.4 million (USD 550). She rented a 540-square-meter jasmine farm on the outskirts of Phnom Penh, Cambodia, to harvest and resell the fragrant flowers. As jasmine farm rent rose and her ambitions blossomed, Ms. Chhuon sought support from microfinance institutions (MFIs). Starting with a KHR 2 million (USD 500) loan, she strategically increased her borrowing to KHR 6 million (USD 1500) by 2023. Click HERE to read more.

Ms. Lor Sreykeo is an inspiring example of how determination, coupled with the right support, can lead to remarkable success. Once a factory worker, she transformed herself into a  small business owner. After leaving  her job, she took a decisive step, securing a microfinance loan to pursue this very ambition. That pivotal loan wasn't just money; it was the catalyst that allowed her entrepreneurial dream to blossom into a vibrant reality.