“Microfinance” is the financial services for poor and low-income clients offered by different types of service providers in Cambodia. Moreover, JWOC’s Microfinance program was born to help small entrepreneurs access financial services and improve the income from their small businesses especially those unable to access loans from other institutions in Cambodia. As a part of this program we also offer courses to borrowers so they can gain knowledge of business plans, water filters, hygiene training and budget training.
It also provides potential knowledge to scholarship students for their future career because they all have to work closely with local community, this includes all types of borrowers. They also get training about all aspects of Microfinance: Loan assessment and credit valuation, bad debt solving and advertising techniques before they start working with JWOC MF program. They also get ongoing training from the MF Program Manager. Here are some students who are working in MF sector in Siem Reap.

Visoth, JWOC loan officer, is fourth year student in the field of IT at BBU in Siem Reap. But he is working as credit officer at AMK. Because he got the training from JWOC, he can work in the different field from his university major.

Therefore, Microfinance program at JWOC is very important for all JWOC scholarship students. It helps to improve the students career which fits to the field they are studying at school.

I would like to say thank you for spending time reading this blog. I am looking forward to writing more about something else next time.