NGOs call for debt relief for victims of land dispute

Microfinance institution LOLC's office in Phnom Penh, April 6, 2021. CamboJA/ Panha Chhorpoan

As rights groups publish new evidence on the severity of Cambodia’s personal debt risks, communities affected by land disputes are calling for relief from what they say are overwhelming levels of microloan debt.

As lenders enjoy profits, more than 100 civil society groups call for government action to suspend loan repayments for stressed borrowers

Microfinance institution LOLC's office in Phnom Penh, April 6, 2021. CamboJA/ Panha Chhorpoan

On Tuesday, 103 non-governmental organizations, farmer communities, associations and worker unions publicly called on the government to direct financial institutions to suspend all loan repayments and interest accrual for at least three months, saying that loan restructure is not enough.