Source: CDC Group. Continue Reading »

The Cambodian Microfinance Association (CMA) reports that outstanding microfinance loans rose 5.46 percent during the third quarter to USD 448 million at 22 institutions in Cambodia. The data, which covers 21 microfinance institutions plus small loans from ACLEDA Bank, included a drop in non-performing loans by 1.9 percentage points to USD 8.7 million – or 1.48 percent of all loans.

Although total loans increased, the number of borrowers dropped to 883,000, down 14 percent from the previous quarter.

Part of the loan growth was attributed to September interest rate cuts of up to 0.5 percent. Current monthly rates range from 1.5 to 2.8 percent. CMA President Hout Ieng Tong said that, “We forecast that both loan disbursements and non-performing loans will improve in the fourth quarter because it is the harvest season and clients will have money from sales to repay debts.” Continue Reading »

Source: Macau Hub. Continue Reading »

Source: New York Times. Continue Reading »

Source: World Council of Credit Unions (WOCCU). Continue Reading »

Source: Microfinance Insights. Continue Reading »

Source: Fiji Times. Continue Reading »

Source: CGAP (Consultative Group to Assist the Poor). Continue Reading »

Source: The Center for Financial Inclusion. Continue Reading »

Source: Munich Re Foundation. Continue Reading »

Source: Reuters. Continue Reading »

Source: Microfinance Information Exchange (MIX). Continue Reading »

Source: World Savings Bank Institute. Continue Reading »

Source: The Nonprofit Life. Continue Reading »

Source: XacBank. Continue Reading »

Source: XacBank. Continue Reading »

Source: Foundation for Development Cooperation. Continue Reading »

Source: XacBank. Continue Reading »