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Microfinance

CMA and Cambodia University of Specialties Partner to Develop Talent for Cambodia’s Microfinance Sector

cam bank 3 min read

The Cambodia Microfinance Association (CMA), in collaboration with Cambodia University of Specialties (CUS), held a workshop on “Financial Literacy and Youth Readiness for Careers in the Microfinance Sector.” Attendees included Dos Din, a member of the CMA Board of Directors; Dr. Keo Chea, Vice-Rector of CUS; Chhon Vathana, Secretary General of CMA; as well as university leaders, lecturers, staff and many students.

Dos Din, a member of the Cambodia Microfinance Association’s Board of Directors, said: “Knowledge, skills and mindset are important foundations for young people’s growth. In addition to understanding how to manage money, young people should also learn about saving and can follow the principle of ‘save first, spend later,’ because saving today will provide financial security in the future. He also added that working hard and having a strong sense of responsibility are essential keys to success, regardless of the sector or occupation in which we intend to work.”

Meanwhile, Chhon Vathana, Secretary General of the Cambodia Microfinance Association, presented on the association’s role, an overview of the microfinance sector, the sector’s contribution to economic development, and employment needs and opportunities in microfinance. Separately, Rum Rotha, Director of the Business Unit at Amret PLC, shared insights on setting financial goals, budgeting, building saving habits, promoting the use of the riel in daily transactions, and using digital financial services safely. These topics were intended to help young people build their knowledge and make better financial decisions.

This important workshop is part of the association’s efforts to help develop human resources for the microfinance sector by connecting educational institutions with industry professionals. The initiative aims to strengthen Cambodian youths’ readiness for the job market while laying the foundation for sustainable human resource and sector development.

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