Microfinance debt in Cambodia has resulted in “serious and systematic human rights abuses” and poses a “significant threat” to indebted families’ land holdings, according to a new report by two local rights groups. The Cambodia Microfinance Association yesterday dismissed a report by two human rights groups noting abuses in Cambodia’s microfinance sector, saying they relied on flawed methodology to paint an unrealistic picture of MFI lending.
Critics of a critical report that spotlights “predatory” lending and rights abuses in Cambodia’s microfinance sector have called out the report’s authors — and journalists covering it — over news coverage “coordination” allegedly meant to harm the industry’s image, supposed socialist leanings and broad brushstrokes.http://bit.ly/2M7Xw35; http://bit.ly/2GUAybG; http://bit.ly/2YRvVsP; http://bit.ly/2TgiD3U; http://bit.ly/2OK3tVX; https://reut.rs/31olRoM; http://bit.ly/2GTqQ9i;
