Original disclosure @ FMO website
Updated in EWS Jun 26, 2018
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The Cambodian Microfinance Association (CMA) is an NGO and professional association that aims to ensure the sustainability of the microfinance sector in Cambodia.
The risk of over-indebtedness is increasing. This project is focused on designing a set of responsible lending guidelines for the Cambodian microfinance sector.
FMO has been a long-term funder to the Cambodian microfinance sector, with diverse products and building strong relationships. Collaborating with CMA and the CBC, together with MFIs and other lenders, is the perfect means for FMO to show its broad support to promote a healthy and sustainable microfinance sector.
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/