Prasac

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Moral dilemma inescapable if investing in microfinance

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An ATM owned by Prasac Microfinance Institution in use at a branch in Cambodia’s Kampong Speu province.  Source: Phnom Penh Post

Imagine that you could earn 4.75% interest for a term deposit of only one month.  Might you prefer a one-year term?  That would get you 9.75% per annum, and shorter or longer terms also are available at commensurate rates.

Do those rates sound too good to be true?  They are not.

With such returns offered by Prasac, one of Cambodia’s leading microfinance institutions (MFIs), the wise investor can Continue reading →