UPCOMING EVENTS

Becoming A Good Credit Officer

Training Date: June 30, 2012
Foundations for Effective Trainers and Facilitators

Training Date: 12-15 June 2012
Strategic Problem Solving and Decision Making Skill

Training Date: May 17-18, 2012
Training Program for 2012

Training Date: Training Calendar 2012

Latest Data for Cambodian Microfinance

Wednesday, February 01, 2012 (Updated!)

Nº MFIs

30 MFIs

30 MFIs

Loans	$572.7m	$644.6m
AvgPAR	0.50%	0.22%
Clients	1,113,024	1,151,340
AvgLoan	$514.5	$559.9

Deposits	$88.5m	$114.6m
Clients	256,735	280,538

Staffs

9,360

9,669

Figure

Q3/2011

Q4/2011

HEADLINE: Becoming A Good Credit Officer

HEADLINE: Foundations for Effective Trainers and Facilitators

HEADLINE: Workshop with Local Authorities in Kandal Province

HEADLINE: Strategic Problem Solving and Decision Making Skill

HEADLINE: Signing Ceremony of MFIs with Credit Bureau of Cambodia

Background

In August 2002, an outcome of a meeting among different MFIs (AMRET - formerly EMT, HKL, Seilanithih, VisionFund Cambodia, SATHAPANA, PRASAC formerly-PCA, and HI/ADC) was an agreement to set up a microfinance association. During the time period of August 2002-November 2003, a constitution for the association was drafted by a small sub-working group. In November 2003, the Cambodian Microfinance Association set up an organizational and governing structure including a General Assembly, Board of Directors, and elected a Secretary General and Board Chair.

Cambodia Microfinance Association (CMA) was formally established in January 2004 by 7 MFIs SATHAPANA, AMRET, HKL, Maxima, Seilanithih, CREDO, and PRASAC. On October 18, 2004, CMA formally registered at the Ministry of Interior as a non governmental organization.

Legal Foundation

According to the Banking and Finance Law in Cambodia (Chapter 22, Article 72) there is only scope for one professional association related to banking services permitted in Cambodia. The National Bank of Cambodia (NBC) has approved that CMA operates as a sub-division of the Association of Banks in Cambodia (ABC) in accordance with the law. Currently, CMA becomes a sub-division of ABC and recognized by NBC on 19 January 2008. As a sub-division of ABC, CMA is an institutional member of ABC and can negotiate directly with NBC on relevant microfinance matters.

General Secretariat

At its inception in 2004, the CMA General Secretariat was comprised of a General Secretary and an Assistant Secretary. At the outset, the Secretary General was a part time volunteer and Assistant Secretary a full time staff position funded by members. The General Secretariat operated from rented office space in one of the member institutions.

In mid 2006, CMA moved to its own premises in the Mekong Bank compound first floor and has two full time paid staff members: a General Secretary, and a Finance & Administration Officer. Both positions were funded by membership dues as well as Agence Française de Développement (AFD) in 2006 and Agence pour le Développement Autonome (ADA) Luxembourg in 2007.

In early 2008, CMA had four full time paid staff members: a General Secretary, a Finance & Administration Officer, an IT and Project Assistant Officer, and an Admin Assistance and Driver. All the staff are funded by ADA and Planet Finance.

Since 2009, CMA has had six full time paid staff members: a General Secretary, a Finance and Administration Officer, an IT and Maketing Assistant Officer, a Training Manager, an Admin and Training Assistant Officer, and a Cleaner.

Further details of the General Secretariat

Membership

Since its creation, CMA has grown from a membership association serving 7 members in 2004, to 11 members in 2005, 13 members in 2006, 14 members in 2007, 17 members in 2008, 20 members in 2009, 23 members in 2010, and 30 members in August 2011.

To see our members please got to Member Page for more details.