On 04 November 2024 in Siem Reap province, Ms. Lim Chanthida, Director of Centralized Operations Department and colleagues participated in the Annual Microfinance Conference 2024 organized by the Cambodia Microfinance Association (CMA) under the theme “Sustainable and Inclusive Microfinance: Current Situation and Future Trend of the Sector”.

In this conference, Ms. Lim Chanthida also participated as a speaker on a panel discussion on “Addressing Key Challenges and Enhancing Strategic Solutions and Recommendations for BFI Business Operations and Sector Resilience”. She highlighted the role of the CGCC and credit guarantee in supporting financial institutions, including microfinance institutions in increasing access to finance, by sharing risks that provide more confidence and opportunities for microfinance institutions to expand lending capabilities and continue to offer guaranteed loan to micro, small and medium enterprises (MSMEs) and Large Firm.  As the result, Most of CGCC’s guaranteed loans are MSMEs, which take up more than 90% of the total Guaranteed Accounts.

The conference is designed to demonstrate the association’s commitment to expanding the financial environment and promoting responsible growth in line with global development principles, as well as making Cambodia a model for sustainable financing.