More Than 300,000 Kampong Cham Residents Owe Banks and Microfinance Institutions Over $1.9 Billion

Phnom Penh: Kampong Cham is considered one of Cambodia’s most populous provinces, with a population of 1.23 million. Of the province’s more than 1.23 million residents, over 300,000 use credit from the banking and microfinance sectors. The total amount owed by these borrowers is approximately US$1.9 billion, according to a 2023 report released by Credit Bureau Cambodia.

The Credit Bureau Cambodia report also showed that Kampong Cham has 52 lending institutions: 26 banks, 22 microfinance institutions, and four leasing companies and rural credit institutions.

According to the same report, among the province’s 10 cities and districts, Prey Chhor District has the largest number of credit users, at 43,000, of whom 55 percent are women. The next-largest number is in Bateay District, with more than 37,000 credit users, 56 percent of whom are women. ៕