Interior Minister: Microfinance citizens across the country to borrow money up to $ 3,500

Phnom Penh: Deputy Interior Minister Sar Kheng said that microfinance related issues in Battambang people who borrow money through microfinance has reached 283 million dollars, according to a sum people borrow money through microfinance throughout the country up to US $ 3,500 million. And microfinance among people to borrow money properly registered but have not been properly registered.


The statement of the Minister of the Interior made in transfer position Director General Deputy Director of the Department under the General Department of the Ministry of Administration On the morning of February 9, 2015 at the Office of the Interior Ministry.

Deputy Prime Minister Sar Kheng said that a few days ago, the Ministry of Economy and Finance has issued a statement condemning the some NGOs and MFIs to lend money to people. By, he said, "because such a place is not intended to help reduce poverty and to take home layout titles collateral when he (the people) to pay money is not alone, they seized land and houses or to work in outside the district to get the money to pay them. "

Deputy Prime Minister stated that the subject matter that the government is conducting a study on the issue by creating a group of the Ministry of Interior is responsible to think about the responsibility before microfinance law to act but did not register another team and the Ministry of Economy and Finance and the National Bank is responsible microfinance

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