Good Return is the Asia-Pacific regional microfinance intiative of World Education. Good Return has a regional office in Cambodia that supports several partnerships and programs in collaboration with World Education Cambodia.
Good Return works in partnership with the Cambodian Microfinance Association, which is the national-level representative of Cambodia’s leading microfinance agencies / financial service providers (FSPs). The partnership spans the following projects:
- In March 2016, Good Return and World Education in partnership with the National Bank of Cambodia launched the Tohs Niyeay Pi Luy (Let’s Talk Money) Campaign. The campaign is designed to encourage young people across Cambodia to start talking about the way they use, manage and grow money. Read more about the campaign and how youth are involved in our feature story about youth voice.
- The Consumer Awareness and Financial Empowerment (CAFE) Initiative. The CAFE Initiative comprises two main elements. CAFE Face 2 Face delivers intensive financial capability training and coaching support to the most vulnerable clients of an FSP. CAFE Accelerator seeks to embed positive FSP-client communication and interactions into the daily operations of the FSP, thereby reaching and benefiting all of its clients.
- With support from the French Development Agency AFD and the Smart Campaign, Good Return and CMA are working with four Cambodian FSPs (Sathapana, Kredit, Vision Fund Cambodia and Thaneapea Khum Cambodia) to strengthen client protection practices and achieve the industry standard for good practice in protecting the rights and interests of microfinance clients.
- Good Return and CMA have worked with seven FSPs to develop an updated Progress out of Poverty Index scorecard for Cambodia. This enables Cambodian MFIs to better target poor clients for their services and report on their poverty outreach and client progress out of poverty.
Good Return also has a direct partnership with Thaneakea Phum, which it has supported to establish an in-house client financial education training program, as well as prepare for client protection certification and manage its social performance.
Good Return provides loan capital to Thaneakea Phum and other partners through its peer-to-peer lending platform: http://loans.goodreturn.org.au/
Find out more about Good Return programs here: https://programs.goodreturn.org.au/