カンボジアのマイクロファイナンス機関の経営戦略

抄録

The financial sector of Cambodia has been rapidly expanding as the continuous economic growth since the middle of 1990s. Under this background, the number of microfinance institutions has been increasing, and their business activities including deposits and loans have been expanding. The microfinance institutions in Cambodia are able to be categorized into three types in terms of the business scales of institutions and the main purpose of them. 1） 39 registered microfinance institutions including 7 deposit–taking institutions are relatively large, and mainly focus on the profitability of themselves other than the poverty reduction of the people, 2） approximately 60 non-registered NGOs are relatively small and mainly focus on the poverty reduction, and 3） 38 registered NGOs are in the middle of them. The interest rate of loans of microfinance institutions has been decreasing since the middle of 2000s as the result of the severe competition among them. However, the profit rates of registered microfinance institutions are still high. The rates of non-performing loans of registered microfinance institutions are very low. Under these business conditions, 7 deposit-taking microfinance institutions try to expand their overall business for transforming their business status from the microfinance institutions to the banks. On the other hand, most of other microfinance institutions try to seek their targeting business segments because of the lack of the funds.