Complaint Mechanism for Affected MFI Borrowers
Published on 30 August 2023Today, LICADHO is introducing a mechanism for all Cambodians who wish to file a complaint about aggressive and predatory MFIs/banks.
Complaints can be made on behalf of anyone who has experienced harms and abuses in the microfinance sector. Such abuses might include coerced land sales, child labour, unwanted migration, hunger, threats and intimidation, and other harms.
Your participation can help improve Cambodia’s microloan sector, especially for indebted borrowers who have suffered from such abuses for years without credible remediation. Many MFIs/banks should already be following the IFC’s performance standards to ensure that the fundamental rights of borrowers are respected.
- Related
- Topics
- Judiciary/Rule of Law Microfinance/Debt