Cambodia's Indigenous communities renounce communal land titles for microloans
TA HEUY, Cambodia — Cambodian farmers Nuoy and Nangkek were both in their late 20s when they took out their first microloan in 2018 for around $600 to help grow their crops. Today, the couple owe more than $10,000 to two financial institutions charging 18% annual interest. Like many borrowers in a country with one […]
Source: mongabay.com