Microfinance Mouthpiece 60 Decibels Drops Case for Defense of Cambodia

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The microfinance industry's own boosters are struggling to put a positive spin on the country's debt crisis.

Indigenous peoples in Cambodia are particularly vulnerable, with some microlenders using as collateral improper individual land titles that overlap with protected indigenous communal land, LICADHO says.

The microfinance market in Cambodia “has grown aggressively and, it appears, may be over-saturated,” said Pranav Sridhar, head of sales for Europe and Asia at 60 Decibels.

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Article Details

Author / Journalist: David Whitehouse

Category: Economy

Markets: United StatesCambodiaCanadaChinaIndiaKazakhstanKyrgyzstanPakistanSri Lanka

Topics: Industry Decibels Cambodia Cambodian Says Microfinance Land Developing Borrowers Licadho Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 14:35:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2217 words

Reading Time: 13 minutes read

Sentences: 106 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23652344

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