After Acleda Bank, Microfinance Group Challenges Civil Society Report on Indebtedness

The Cambodia Microfinance Association hit back at a civil society report from last month that highlighted the high levels of indebtedness among surveyed garment factory workers, with the industry group calling into question the survey’s findings and methodology.

In late June, rights groups Licadho and Central, and pro-worker union Cambodian Alliance of Trade Unions (CATU) issued a report revealing a high level of indebtedness among surveyed garment workers, which was resulting in them eating less, selling their land or taking additional loans to repay debt.

On Monday, the Cambodia Microfinance Association (CMA) issued a statement contesting the findings of the report, questioning the three civil society groups’ “real intentions” behind publishing the document.

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