Cambodian Credit Savings Federation (CCSF) was the first pioneer of the credit union model in Cambodia. CCSF began as the Small Economic Activity Development project with CARE Cambodia, funded by AusAID through CARE Australia in 1998. Its original mission was to promote savings and thrift habits based on the nine operating principles of credit unions. Originally established to empower low-income families in Cambodia by building a network of Community Based Microfinance Organisations (CBMIFOs). It worked in partnership with 25 CBMIFOs to support more than 50,000 members and their families across Battambang and Banteay Meanchey provinces. It is currently undergoing a restructuring, having absorbed most of its CBMIFO partners and turning itself into a single level MFI providing financial services directly to its low-income members.
What are Social Performance Ratings
Social Performance Ratings (SPRs) analyze how effective an organization is in translating its mission into practice. It encompasses the organization’s objectives, systems, services, human resources and results, as well as its use of performance indicators.