The Cambodia Microfinance Association is an NGO and professional association that aims to ensure the prosperity and sustainability of the microfinance sector in Cambodia. CMA plays a vital role in creating local and international networks as well as seeking equity and loan funds, new technologies and overseeing conflict resolution between microfinance operators. All of these activities have led each member microfinance institution to become stronger and more successful and thereby attract support from the international market to enable industry expansion.
2023
Official launch of Community Safe finance Project
Dissemination of the microfinance impact study
Dissemination of CEO/Shareholders workshop on Role of BFI Governance in Ensuring Consumer Protection
Reginal Workshop for Branch Managers
Competency Program for Rural Credit Operators’ Executive Level
Member: 136
2022
Banking and Financial Institutions’ Code of Conduct (CoC) introduced by CMA, ABC, and CAFT.
The Standard Loan Contract was introduced.
MoU with SPTF
Member: 124
2021
Lending Guidelines was incorporated into the Banking and Financial Institutions’ Code of Conduct.
Lending Guideline has been included into the National Financial Inclusion Strategy of Cambodia 2019 – 2025 of the National Bank of Cambodia.
The CMA and ABC’s financial literacy strategy has been developed and is being implemented by the ABC financial inclusion committee.
A responsible Lending Program was created.
Member: 115
2020
CMA initiated the enhancement of the Responsible Inclusive Finance “RIF” through the Cambodia Consumer Protection Framework 2020-2025
Launching a book on building an inclusive financial sector with NBC
CMA, ABC, CBC research taskforce has been formulated to engage with research agendas for the sector
Member: 113
2019
Department of Financial Inclusion and Social Impact was established
Lending Guidelines was scaled up, reflecting the further strengthening of self-regulations
Member: 103
2018
CMA becomes more independent. Business plan under four pillars is established
Creation of Staff Development Fund to aid professional knowledge and training in the sector
CMA grows to 13 full time staff
Members : 103
2015 - 2017
Self-regulation and social performance supported organization of the Social Performance Taskforce annual meeting in 2015
Launch of the Preah Sihanouk MoU initiative - providing FSPs with sector-wide lending guidelines and framework to enhance policies
Member: 95
2010 - 2014
Partnership with Australian NGO Good Return on financial education project
Funding from AFD for CPI project support until 2015
Created documentary series with purpose of financial education for Cambodian public
Members :44
2008 - 2009
CMA receives recognition by NBC as subdivision of ABC
Further support from Planet Finance and Australian Aid
CMA establishes Clubs for CEOs, Operations, Finance, and HR
CMA grows to 6 full time staff.
Members :20
2006 - 2007
AFD and ADA in Luxembourg become donors and works with CMA to support development of the microfinance sector
CMA committees established for IT & Marketing, Advocacy, Training and Audit
Members :17
2002 - 2004
Seven microfinance institutions (MFIs) held a meeting in August 2002 to establish a Microfinance Association.
In November 2003, CMA was formed as a secretariat supporting the Microfinance Association with seven founding members.
Formal registration from Ministry of Interior granted in 2004
