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Microfinance Abuses.pdf

228Report_Collateral_Damage_LICADHO_STT_Eng_07082019.pdf

🔗 Source: licadho-cambodia.org

📊 Size: 8.38 MB

📄 Pages: 30 pages

⬇️ Downloads: 119

Summary

Microfinance debt in Cambodia poses a significant threat to land tenure security, leading to human rights abuses, including coerced land sales, child labor, debt-driven migration, and food insecurity. By 2019, 2.4 million Cambodians held $8 billion in outstanding microloans, with an average debt of $3,370 per borrower. Researchers found 28 households that suffered multiple human rights abuses due to MFI debt, with 22 experiencing coercive land sales, 13 engaging in child labor, and 18 having a family member migrate due to debt. The low non-performing loan ratio of 1.8% is potentially due to these abuses, as well as the practice of taking out additional loans to repay existing ones, creating a cycle of debt.

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Description

Microfinance debt in Cambodia poses a significant threat to land tenure security, leading to human rights abuses, including coerced land sales, child labor,...

Technical Information

File Format: PDF
File Size: 8.38 MB
Pages: 30
Language: EN
Total Downloads: 119
Last Updated: 6 days ago

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This PDF document about Microfinance Abuses provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Microfinance Abuses.