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Full-Text Articles in Finance and Financial Management
The Macro Behind Microfinance: Cambodia's Financial Inclusion Success Story, Jonathan Chang
The Macro Behind Microfinance: Cambodia's Financial Inclusion Success Story, Jonathan Chang
Social Space
Financial inclusion refers to the delivery of affordable financial services to disadvantaged and low-income segments of society. However, as it also involves striking a fine balance between managing businesses’ credit risks and improving customers’ access to credit, different countries have made varied progress in their financial inclusion efforts. To date, across both developed and developing nations, SMEs and individuals still struggle in the face of limited access to adequate financing. Yet there is one country that has made considerable strides in this area: judging from the tremendous success of its microfinance sector, Cambodia seems to have found the sweet spot …
Enterprise, Not Aid, For Social Change, Kim Tan
Enterprise, Not Aid, For Social Change, Kim Tan
Social Space
A wind of change is blowing through the world of aid and philanthropy. The old formula of aid and compassion doesn’t work anymore. In its place, Kim Tanproposes a new model based on enterprise and financial capital.