Cambodia’s microfinance lenders say at least 137,158 debtors affected by COVID-19

A Cambodia Microfinance Association (CMA) spokesman said Thursday that at least 137,158 debtors who have been affected by the COVID-19 pandemic had requested to either postpone loan repayments or restructure it.

“About 118,182, or nearly 90 percent, of the requests have been approved by microfinance institutions (MFIs) with a combined loan of 488 million U.S. dollars,” CMA spokesman Kaing Tongngy told Xinhua.

He said the affected borrowers mainly came from the sectors of tourism, hotels and guesthouses, logistics and construction.

In full:

Related Stories

Latest News