Western microfinance investors worried about over-indebtedness in Cambodia are losing the ability to shape the practices of an industry whose rapid growth they helped to foster.
Microfinance in Cambodia started in the 1990s as a form of foreign aid aiming to help rebuild a country recovering from war. It has since grown into a profitable industry, with the number of microfinance borrowers increasing from 175,000 in 2000 to 2.6 million in 2020. Th..
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