Debt ‘Bigger Threat Than Virus’ in Cambodia
By Simon Glover
Deep levels of household debt in Cambodia mean that many garment workers see finding the money for repayments as a bigger threat than COVID-19.
Low paid workers in Cambodia often make use of microfinance institutions (MFI) and it is feared that thousands of laid-off garment workers are reportedly currently struggling to pay back debt.
Photo courtesy of aaron gilson.
Source: Ecotextile (link opens in a new window)
- Categories
- Coronavirus, Finance