Agricultural finance in Cambodia between urgent needs and high risks. findings from the INEF-BMZ-research project „ways out of poverty, vulnerability and food insecurity“
Bliss & Gaesing - Associated Consultants, Germany
Access to agricultural credits is increasingly important even for small farmers. Contrary to most poorer countries for instance in most African countries, the credit market in Cambodia is very well developed in rural areas. Many observers already speak of an excessive market saturation. For some years now, NGOs in particular have been drawing attention to the fact that the considerable competition between banks and Microfinance Institutions (MFIs) has led to aggressive loan marketing resulting in a large number of over-indebted households, and that this “promoted” over-indebtedness has led to the sale of assets and even to forced sales of land for the repayment of the loans.
Keywords: Agricultural loans, Cambodia, loss of land, over-indebtedness
Contact Address: Frank Bliss, Bliss & Gaesing - Associated Consultants, Sinziger str. 4, D-52424 Remagen, Germany, e-mail: bliss.gaesingt-online.de