CEDAC Welcomes Lower Rates from Microfinance Lenders

The Cambodian Center for Study and Development in Agriculture (CEDAC) and the Farmer and Nature Net (FNN) are pleased to support the recent rate slashing by Microfinance Lenders in Cambodia. According to a recently published news article in the local newspaper, the Microfinance Institutions (MFI’s) have decided to reduce interest rates by up to 0.5 percent per month.