Cambodia Microfinance Association @CMA_Network
Vision Cambodian citizens should receive financial services in a timely fashion through a sustainable financial system. Mission To facilitate microfinance op cma-network.org https://goo.gl/maps/DzoYteouAU Joined August 2019-
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🔹 CMA held a Rural #Credit Institution (RCI) Club #meeting on 24th April 2024. The meeting aimed to provide updates on the #RCIs' Strategic #Roadmap, review RCI #member profiles, discuss the progress of the #capacity-building program, and explore the #StaffDevelopmentFundPolicy.
🔹 The #BoardOfDirectors of the CMA, led by Chairwoman H.E. DITH Nita, paid a #courtesy call to H.E. Dr. CHEA Serey, Governor of the National Bank of Cambodia on 2nd April 2024. #microfinance #financialsector #Cambodia #Bank Read more: linkedin.com/company/135976…
ABC and CMA with #stakeholders held a workshop to discuss ways to promote #FinancialLiteracy in #Cambodia, stressing close #cooperation between relevant parties. khmertimeskh.com/501464283/abc-…
🔹 CMA, YEAC, and ABC joined forces to officially launch the 2024 Access to Finance Program on 29th March 2024. Launched in 2021, the Access to #Finance Program has #empowered #Cambodian #SMEs through over $2 million in loans approved by participating #institutions.
In conjunction with the 44th Anniversary of the #Riel’s reintroduction, the #Chairperson of the CMA, H.E. Dith Nita, spoke to Khmer Times on CMA’s role in encouraging the use of Riel in the #national #economy. The following are excerpts from the interview. khmertimeskh.com/501460894/micr…
🔹 #CMA in collaboration with ABC with support from the National Bank of Cambodia (NBC), is hosting a one-day #stakeholder consultation #workshop on “Progress and Way Forward on #Financial #Literacy in #Cambodia at the Center for Banking Studies (CBS).
#CMA on 25th March 2024 convened the #RCI Core Group #Meeting to address key #issues, and future directions, and develop #strategies for 2024-2025. More information: linkedin.com/company/135976… #microfinance #RCIMeeting #CMA
On 25th March 2024 #CMA issued a press release on “#microfinance Sector Ignites Record #Growth for #Cambodian Riel in 2023” which achieved 25% of the loan and 16% of deposits in local currency Khmer Riel. #microfinance #riels #economicgrowth #povertyalleviation
#CMA held its Annual General Assembly (AGA) 2024 on 16 February 2024 focused on reviewing 2023's #achievements and setting #goals for 2024. This event also served as a platform to elect a new #Board of Directors and BoD Chair and Vice Chair for the 2024-2025 term. #micrfinance
Today #CMA issues a #press #release on the #election result for the new Board of Directors 2024-2025. H.E. DITH Nita from CAMMA Microfinance Institution has been elected to be CMA #Chairwoman while Mr. SOK Voeun from LOLC Cambodia has been elected to be Vice-chairman.
The #microfinance sector has provided a #credit sum of $5.12 billion to 1.57 million clients, an average of $3,260 per account last year, creating direct employment for 21,567 people nationwide with a #business network of 904 offices. khmertimeskh.com/501440074/micr…
By the end of 2023, the #microfinance sector had #disbursed USD 5.12 billion in loans to 1.57 million #accounts. Simultaneously, #deposits at the four deposit-taking microfinance #institutions (#MDIs) reached $2.2 billion, collected from approximately 2.01 million #depositors.
CMA held the RCI Club Meeting on 2 Feb 2024, electing the Chair & Vice-Chair for the 2024-25 term. Discussions were challenges faced by Rural Credit Institutions to upcoming priorities. as well as opportunities. #RCIClub #Microfinance #CMA
#Microfinance has grown exponentially in Cambodia and is not as stressed as reported by the international media, according to a study by research firm M-CRIL in partnership with the #Cambodia Microfinance Association (CMA). khmertimeskh.com/501429233/micr…
In 2023, Cambodia’s central bank and the association of microfinance institutions came together and launched “ Safe Finance in Community” to help people utilize formal financial services in a safe and manageable manner to enhance their financial freedom. cambodianess.com/article/opinio…
CMA)said the sector is advancing towards #sustainable #development goals (SDGs), enhancing the country’s #economic growth by enabling low-income households to obtain #loans from #microfinance institutions (MFIs). phnompenhpost.com/national/micro…
Cambodia #microfinance Association (CMA) on 19th January 2024 held a half-day Dissemination Workshop focused on the #Impact Assessment of #microfinance in Cambodia. #microfinance #Impactstudy #cma
Microfinance Sector Contributes to Cambodia Achieving Its Sustainable Development Goals, Independent Study Finds cambodiainvestmentreview.com/2024/01/22/mic…
Today CMA issues a press release on “MICROFINANCE SECTOR IN CAMBODIA DRIVES SUSTAINABLE DEVELOPMENT GOALS, INDEPENDENT REPORT REVEALS”. #pressrelease #microfinance #impactstudy
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🔹 #CMA in collaboration with ABC with support from the National Bank of Cambodia (NBC), is hosting a one-day #stakeholder consultation #workshop on “Progress and Way Forward on #Financial #Literacy in #Cambodia at the Center for Banking Studies (CBS).
#CMA held its Annual General Assembly (AGA) 2024 on 16 February 2024 focused on reviewing 2023's #achievements and setting #goals for 2024. This event also served as a platform to elect a new #Board of Directors and BoD Chair and Vice Chair for the 2024-2025 term. #micrfinance
In 2023, Cambodia’s central bank and the association of microfinance institutions came together and launched “ Safe Finance in Community” to help people utilize formal financial services in a safe and manageable manner to enhance their financial freedom. cambodianess.com/article/opinio…
Cambodia #microfinance Association (CMA) on 19th January 2024 held a half-day Dissemination Workshop focused on the #Impact Assessment of #microfinance in Cambodia. #microfinance #Impactstudy #cma
Microfinance Sector Contributes to Cambodia Achieving Its Sustainable Development Goals, Independent Study Finds cambodiainvestmentreview.com/2024/01/22/mic…
Today CMA issues a press release on “MICROFINANCE SECTOR IN CAMBODIA DRIVES SUSTAINABLE DEVELOPMENT GOALS, INDEPENDENT REPORT REVEALS”. #pressrelease #microfinance #impactstudy
ផលវិបាកមួយចំនួននៃការគេចមិនសងត្រឡប់គ្រឹះស្ថានហិរញ្ញវត្ថុ
MFI #outstanding #loans stood at $5.13 billion in 2023 Q3 khmertimeskh.com/501422993/mfi-…
#Cambodia has become one of the world’s leaders in #poverty reduction: poverty rate dropped from 53% in 2004 to 10% in 2018. Among the many #improvements that took place in the country and contributed to this success, #financial inclusion played a role. incofin.com/microfinance-i…
The delegation of CMA, led by Mr. SOK Voeun, Chairman of CMA, and accompanied by Mr. Phal Vandy, CMA Secretary General, and the delegation of the ABC, participate in the European Microfinance Week (EMW) 2023 in Luxemburg, organized by the European Microfinance Platform (e-MFP).
CMA and CBC hosted their 2nd RCI Annual Workshop under the theme “Accelerating Innovative Rural Credit in Cambodia through Digitalization and Inclusive and Responsible Credit." Read more: facebook.com/CambodiaMicrof…
Cambodia Microfinance Association (CMA) has vehemently dismissed the false report published by The Guardian, a British daily newspaper, regarding #Cambodia’s #banking and #financial sector. Read more: khmertimeskh.com/501385829/no-e…
#Microfinance as a #sector has been key in helping bring about #Economic and social development in #Cambodia stressed Sok Voeun, chairman of Cambodia Microfinance Association last Friday. khmertimeskh.com/501383482/role…
CMA hosted the 3rd CEO Club Meeting which aims to provide an update on the progress of the MFI sector in Cambodia as well as the risks and challenges faced by the sector. The meeting was attended by more than 130 association members. #microfinance #CMA
🔹 The updated progress of #microfinance sector in #Cambodia as of June 2023.
On October 31, 2023, CMA together with NBC and ABC organized a dissemination workshop known as "ASEAN Savings Day" aimed to promote the #culture of #Savings among #Cambodian people and the general public, to help them manage their #finances more effectively. #Saving #AseanSaving
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