Cambodian Government Must End Human Rights Abuses in Microfinance Sector
Published on 6 May 2024As Cambodia’s human rights record is reviewed at the Human Rights Council on 8 May 2024, we urge UN Member States to recommend granting debt relief and implementing free education and healthcare services, in order to reduce debts and put an urgent stop to abuses linked to microfinance loans.
LICADHO, Equitable Cambodia, Sahmakum Teang Tnaut, and FIAN Germany are releasing a series of infographics today in four languages to highlight the debilitating indebtedness faced by many Cambodians and the predatory tactics used by microfinance institutions and microloan providers to target vulnerable, poor and Indigenous communities.
UN Member States must hold Cambodia accountable during the Universal Periodic Review and make recommendations to immediately end human rights abuses in the country’s microfinance sector.
LICADHO, Equitable Cambodia, Sahmakum Teang Tnaut, and FIAN Germany submitted a report to the Human Rights Council on these concerns. The submission can be accessed here.
- Topics
- Microfinance/Debt