Cambodia Joins Microloan Clean-Up

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Aug 2009
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Phnom Pen, Cambodia, August, 14 2009 - Impoverished Cambodia has emerged as a global microfinance leader, becoming the first Asian nation to hold lenders accountable to their original mission of poverty reduction. If a new global initiative aimed at promoting greater transparency over microfinance institutions (MFIs) recently launched here gains traction, the multi-billion dollar industry could be set for a shake-out.

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Source : Asia Times
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