The Transparent Pricing Initiative in Cambodia has published standardized pricing data from 14 microfinance providers, representing the majority of Cambodia’s microfinance borrowers. Launched in 2009 the Initiative is delivered in partnership with Planet Rating and is funded by the Netherlands Plaform for Microfinance. The initial data collection was sponsored by MicroNed and TripleJump and supported by key local stakeholders including the Central bank of Cambodia and local network organizations.
Microfinance in CambodiaAlthough the flow of foreign funds to the sector was affected by the global financial crisis in the late 2000s, the Central Bank’s permission to mobilize local deposits by registered MFIs has helped the recovery of many fund strapped microfinance institutions.
The regulatory and supervisory environment of the Cambodian microfinance market has played an integral role in the transformation and growth of the sector. Since 2000, registered deposit taking microfinance institutions have been prudentially regulated by the Central Bank of Cambodia. Through outlawing the use of the flat interest rate calculation method in 2001, the Central Bank has played an instrumental role in fostering healthy competition and promoting transparency in the microfinance market. The legislation ‘Prakas on calculating interest rate on microfinance loans’ requires all registered microfinance service providers to employ the declining balance interest rate calculation method.
Cambodia Institutions
| Institution | # Borrowers | Portfolio (US$) | Products | Transp. Index | Participating Since | Age of Data |
|---|---|---|---|---|---|---|
| ACLEDA | 235,200 | 215,086,000 | 6 | 87 | 2010-Sep | 168 mos. |
| AMK | 288,200 | 63,784,000 | 16 | 97 | 2010-Sep | 139 mos. |
| AMRET | 299,500 | 149,542,000 | 8 | 98 | 2010-Sep | 139 mos. |
| Chamroeun | 48,100 | 7,480,000 | 4 | 89 | 2010-Sep | 120 mos. |
| Farmer Finance | 200 | 407,000 | 1 | 79 | 2010-Sep | 139 mos. |
| First Finance | 500 | 5,819,000 | 1 | 71 | 2010-Sep | 139 mos. |
| HKL | 73,400 | 93,842,000 | 3 | 89 | 2010-Sep | 139 mos. |
| KREDIT | 61,800 | 59,319,000 | 9 | 85 | 2010-Sep | 139 mos. |
| Maxima | 2,900 | 3,179,000 | 3 | 87 | 2010-Sep | 139 mos. |
| PRASAC | 138,500 | 251,931,000 | 9 | 76 | 2010-Sep | 139 mos. |
| Seilanithih | 15,200 | 7,516,000 | 5 | 90 | 2010-Sep | 139 mos. |
| SPN | 35,100 | 29,828,000 | 6 | 80 | 2010-Sep | 139 mos. |
| TPC | 120,000 | 45,931,000 | 13 | 90 | 2010-Sep | 139 mos. |
| VF Cambodia | 148,600 | 48,984,000 | 18 | 98 | 2010-Sep | 139 mos. |
