Posted inSoutheast Asia

Cambodia’s poor strangled by debt crisis

Trapped under a mountain of crippling debt, Cambodian farmer Roeurn Reth fears she will have to sell her land to repay microfinance loans that have ballooned due to pandemic-spurred job losses in her family. What started as a $3,000 sum from a loan shark for her son’s wedding has now grown to about $7,000, she […]