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World Bank: Investigate Cambodia's Micro-Loans

World Bank: Investigate Cambodia’s Micro-Loans
Coerced Land Sales Linked to Predatory Lending
5 January
by
Human Rights Watch
The World Bank Group should investigate alleged coerced land sales and other rights abuses linked to predatory lending and over-indebtedness in the micro-loan sector, Human Rights Watch said today. These longstanding problems have worsened during the economic crisis resulting from the Covid-19 pandemic.
An external report in March 2020, the Microfinance Index of Market Outreach and Saturation (MIMOSA), based on data provided by the World Bank
World Bank
“
International donors to Cambodia’s micro-loan sector should not be feeding a system that is abusing the rights of highly indebted borrowers struggling during a public health and economic crisis,” said Phil Robertson, deputy Asia director at Human Rights Watch. “ ....

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World Bank: Investigate Cambodia's Micro-Loans

World Bank: Investigate Cambodia’s Micro-Loans
Coerced Land Sales Linked to Predatory Lending
Communities reiterate their calls for adequate housing rights and an end to land conflicts on World Habitat Day in Phnom Penh, Cambodia, October 5, 2015.
© 2015 LICADHO
(Bangkok) – The World Bank Group should investigate alleged coerced land sales and other rights abuses linked to predatory lending and over-indebtedness in the micro-loan sector, Human Rights Watch said today. These longstanding problems have worsened during the economic crisis resulting from the Covid-19 pandemic.
An external report in March 2020, the Microfinance Index of Market Outreach and Saturation (MIMOSA), based on data provided by the World Bank Group’s International Finance Corporation (IFC), found serious problems in Cambodia’s micro-loan sector. Civil society groups and investor-commissioned reports have corroborated these findings, which highli ....

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