Cambodia microfinance

The industry's foreign financial backers are now aware of the scale of the country's over-indebtedness – but they have lost the ability to do much about it.

Over the past decade, microfinance has been rolled out against a backdrop of a profoundly weak and corrupt state.

In contrast to the industry’s claim that microfinance allows borrowers to expand their businesses, many Cambodians "have no choice but to borrow to make ends meet.”

Phnom Penh's attempts to relieve its worsening rural debt crisis are yet to have the intended effects.

Two Cambodian civil society groups claim that "reckless" micro-lending has contributed to a brewing rural debt crisis.

The CMA is an awkward amalgam of industry lobby group and regulatory watchdog.

A solution to Cambodia's spiraling debt crisis is urgently required, but risks uncovering deeper economic problems.

A conversation with economist Ron Bevacqua about the crisis facing Cambodia's microfinance sector.

A closer look at an alarming trend.