As part of ongoing efforts to strengthen Cambodia’s grassroots financial ecosystem, the Cambodia Microfinance Association (CMA) has actively convened key industry leaders from rural credit institutions (RCIs) through CMA RCI Club. These regular gatherings serve as a vital collaborative platform for RCIs to navigate sector updates, share operational experiences, and address strategic challenges.
RCIs are licensed microfinance operators in Cambodia regulated by the Cambodia’s central bank, the National Bank of Cambodia (NBC). They provide accessible micro-loans, agricultural credit, and basic financial support to underserved smallholder farmers and local entrepreneurs in remote communities where traditional commercial banks do not usually reach. By supplying capital for essential seeds, equipment, and small-business investments, RCIs help increase household income, smooth seasonal earnings, and drive poverty reduction across rural Cambodia. The number of RCIs in Cambodia has decreased significantly from about 500 a decade ago to 86 RCIs as of August 2026.
In a recent meeting chaired by Mr. Dy Sitha, CMA board member and RCI Club Chairman, which drew 35 participants including club members, CMA representatives, and guest speakers, the session focused heavily on fostering partnerships and operational resilience.
The meeting featured expert presentations, including specialized briefings on digital financial solutions from Wing Bank alongside auditing products and services presented by Cam Accounting and Tax Service. During the meeting, club members also engaged in focused discussions concerning the upcoming 2026 Annual Workshop of the RCI Club, reinforcing shared knowledge frameworks and mutual support networks across the rural credit landscape.
Expanding Strategic Vision
CMA also convened another broader strategic meeting in August 2026, focusing on regulatory compliance, growth opportunities, and sector-wide direction. High-level stakeholders graced the forum, including Mr. Sok Voeun, Chairman of CMA’s Board of Directors; Mr. Men Phakdey, Deputy Director General of Regulation and Financial Inclusion at the National Bank of Cambodia (NBC); Mr. Dy Sitha; and Mr. Chhorn Vannak, CMA Secretary-General, alongside 40 total participants.
Addressing the meeting, Mr. Sok Voeun emphasized the indispensable role that rural credit institutions play in bolstering economic and social activity, particularly by expanding financing access for Micro, Small, and Medium Enterprises (MSMEs).
"Rural credit institutions continue to provide micro and ultra-small loans directly to citizens, supporting family-run businesses and uplifting community living standards across the country," noted Mr. Sok Voeun.
Key Financial Snapshot (As of End-2025):
Moving Forward Together
Through regular dialogues, multi-sector partnerships, and continuous capability building, CMA remains steadfast in reinforcing the resilience, compliance, and sustainability of Cambodia's rural credit and microfinance sectors.
