Cambodia: Microfinance Institutions Propel Financial Literacy in Rural Areas

Date: 
25 Apr 2019
Source: 
Syminvest

Microfinance institutions in Cambodia are playing a dual role in the rural economy by providing much needed funding for business as well as promoting financial literacy. 

Okhna Dr. Bun Mony, Deputy Chairman of Cambodia Microfinance Association, told The Post that rural folk have strongly supported such institutions in the kingdom because of these two important roles they play. "Promoting financial literacy in Cambodia is very important because we found that many people don’t know how to use or manage their finances in their families."

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Type: 
General
Country: 
Cambodia