Loan

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DaiNguyen
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Vietnam

Re: Loan

Post by DaiNguyen »

Many thank guys but i'm not trying to apply for a loan. I need the figure of total unofficial money lenders in Cambodia market (especially pawnshop licensed), we're trying to analyse the market. If you guys know where to get these insights, please let me know, really appreciate.
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lostjeremy
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Re: Loan

Post by lostjeremy »

I'm sure there are no "official" numbers for "unofficial" lenders. Hell, just look on every other electric pole and it will have a sign from some person/company/organization offering loans from $100-$50,000. If you really want a number I can guarantee you it is somewhere north of 10,000 lenders and/or loan sharks plus a few dozen banks/MFI's and at least a couple hundred pawn shops and thousands of phone shops who will loan you $10 - $1,000 if you leave your phone a collateral....the list is endless.

Sent from my CPH1823 using Tapatalk

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Ravensnest
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Re: Loan

Post by Ravensnest »

WineOxley wrote: ↑Mon May 04, 2020 3:02 pm How muf you looking to lend out brudda?
great pos., to lend= give out the cash. it sounded like he needed to barrow= receive cash. Although the veil has been lifted that is not what he needs.
Still here, in country...
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numacsys
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Re: Loan

Post by numacsys »

Image

"Cash U Up"
https://www.cashuup.com/en/

Strategically located right next to Naga.
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DaiNguyen
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Vietnam

Re: Loan

Post by DaiNguyen »

Thanks for sharing the insights, I guess i will have to figure it out somehow then.

In my opinion, the financial institution can be segmented into 3 categories: banks, MFIs/MDIs and alternative lenders. Banks and MFIs quatity easier to find out, for the others, maybe there is a government body which records the number of license government has issued and status of operation?
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theKid
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Macau

Re: Loan

Post by theKid »

DaiNguyen wrote: ↑Wed May 06, 2020 3:52 pm Thanks for sharing the insights, I guess i will have to figure it out somehow then.

In my opinion, the financial institution can be segmented into 3 categories: banks, MFIs/MDIs and alternative lenders. Banks and MFIs quatity easier to find out, for the others, maybe there is a government body which records the number of license government has issued and status of operation?
The NBC website has some useful info. https://www.nbc.org.kh/english/economic ... eports.php
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Bluenose
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Re: Loan

Post by Bluenose »

Many individuals make money by offering short term loans, no registration or license at all. Also, groups of Khmer get together and put money into a fund that is then lent out, can't remember what it's called, but again completely unofficial.
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Kayve
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Re: Loan

Post by Kayve »

Bluenose wrote: ↑Thu May 07, 2020 8:14 am Many individuals make money by offering short term loans, no registration or license at all. Also, groups of Khmer get together and put money into a fund that is then lent out, can't remember what it's called, but again completely unofficial.
TongTin
Don't forget the water buffalo
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Bluenose
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Re: Loan

Post by Bluenose »

TongTin
[/quote]

That's it!
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xandreu
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Re: Loan

Post by xandreu »

Bluenose wrote: ↑Thu May 07, 2020 8:14 am Many individuals make money by offering short term loans, no registration or license at all. Also, groups of Khmer get together and put money into a fund that is then lent out, can't remember what it's called, but again completely unofficial.
I believe in the UK we call these Credit Unions. Many people turn to these as the interest rates are often cheaper. Completely above board so long as it operates within the law.
The difference between animals and humans is that animals would never allow the dumb ones to lead the pack.
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