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Author Topic: Article in Phnom Penh Post 06/29/09  (Read 5248 times)
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Unilove
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« on: July 05, 2009, 01:30:32 PM »
Here is a recent article re: Kiva and Cambodia,

http://www.phnompenhpost.com/index.php/2009062926769/Business/Kiva-a-different-way-to-microlend.html
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Jan & John
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« Reply To This #1 on: August 24, 2009, 10:29:07 PM »
AMK lending team just received this link to an article in the Phnom Pen Post...

Quote
"AMK Chairman Paul Luchtenburg talks about the microfinance lender's recent gold medal for transparency in reporting and what can be done to reduce interest rates in the sector..."

AMK has remained one of my favourite MFI's even with the currency loss issue and their erratic payment schedules...
jan
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Liliane
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« Reply To This #2 on: August 27, 2009, 08:21:16 PM »
Thanks for sharing this article, Jan. The answer to the last question was particulary frightening.
Quote
when we borrow money from outside, we need to pay the NBC 15 percent tax on the interest.
I imagine that other MFI's face similar penalties on Kiva money because of laws in their countries.
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