Cambodia’s Indigenous communities renounce communal land titles for microloans
Published on: Tuesday 30 January 2024
TA HEUY, Cambodia — Cambodian farmers Nuoy and Nangkek were both in their late 20s when they took out their first microloan in 2018 for around $600 to help grow their crops. Today, the couple owe more than $10,000 to two financial institutions charging 18% annual interest. Like many borrowers in a country with one […]
News source: https://news.mongabay.com/2024/01/cambodias-indigenous-communities-renounce-communal-land-titles-for-microloans/