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IFC proposes $40m COVID-19 loan to Cambodia's Hattha Bank

IFC proposes $40m COVID-19 loan to Cambodia’s Hattha Bank
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The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to invest up to $40 million in Cambodia’s Hattha Bank, formerly Hattha Kaksekar Limited (HKL), to support the bank’s financing to MSMEs.
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World Bank Group , Hattha Kaksekar Limited , International Finance Corporation , Cambodia Hattha Bank , Hattha Bank , உலகம் வங்கி குழு , சர்வதேச நிதி நிறுவனம் , ஹத்தா வங்கி ,

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 ....

Krung Thep Mahanakhon , United States , Phil Robertson , World Bank Group , National Bank , Cambodian Microfinance Association , Hattha Kaksekar Limited , Human Rights Watch , World Bank , World Bank Group International Finance Corporation , International Finance Corporation , International Development Finance Corporation , Amret Plc , Microfinance Index , Market Outreach , Human Rights , Rights Watch , Financial Consumer Protection Unit , United Nations Guiding Principles , ஒன்றுபட்டது மாநிலங்களில் , பில் ராபர்ட்சன் , உலகம் வங்கி குழு , தேசிய வங்கி , கம்போடியன் நுண்நிதி சங்கம் , மனிதன் உரிமைகள் வாட்ச் , உலகம் வங்கி ,