Cambodia’s Indigenous communities renounce communal land titles for microloans

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.

Read the full article at: Cambodia’s Indigenous communities renounce communal land titles for microloans (mongabay.com)

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version