Microfinance Institutions (MFIs) in Cambodia have continued to show significant growth and we recognize that it has made a successful contribution to the economic development of Cambodia. As the data of December 2011 collected from 28 MFIs and 2NGOs gain with the data of December 2010, it demonstrated that a total of borrower increased 16%, loan outstanding increased 51%, depositor increased 48%, deposit balance increased 180%, number of employee increased 25% and Non-Performing Loans (NPL) declined 79% ( from 1.07% to 0.22%).
On 29th March, 2012, the Cambodia Microfinance Association (CMA) conducted a workshop with local authorities in Angsnoul, Kandal Province with 96 participants under president Mrs. Yin Sokhorn, Deputy District Governor as well as Commune leaders and head of villagers.
On March 26th, 2012, thirty microfinance institutions and Credit Bureau Cambodia (CBC) signed an agreement to all use “Credit Management Information System” (CMIS).
Wing and the Cambodia Microfinance Association conducted a mobile payments and microfinance workshop at the Naga Hotel on Friday March 2nd which was attended by over 30 representatives from 13 microfinance institutions.
On January 20th, 2012 Cambodia Microfinance Association (CMA) hosted the 6th Annual General Assembly at the Cambodiana Hotel attended by 31 leaders who from 24 MFIs and CMA.
On December 2nd, 2011 at the Khemera Angkor Hotel, Siem Reap, the Cambodia Microfinance Association conducted its Annual Workshop with the focus “To Promote the Client Protection Principles for Microfinance in Cambodia” with presiding guest of honor H.E Pal Buy Bonnang, Director General of Banking Supervision, as a representative of H.E