# Muangthai Capital CEO Defends the Role of Microfinance Parithad Petampai is shaping the future of Thailand's largest microfinance institution. - **Source:** [Fortune | FORTUNE](https://brifing.si/source/769282ef-327a-4454-909a-3c7936216004) - **Published:** 2026-07-13 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/a2cb6fd9-ba48-42c2-8abd-de16e701c00a ## Muangthai Capital's New Leader Parithad Petampai took over as CEO of Muangthai Capital, founded by his family. Stepping into the role due to his father's health issues, Parithad is ready to steer the company's future. ## The Importance of Microfinance Parithad emphasizes Muangthai Capital's role in providing financial access to Thailand's most disadvantaged. Microfinance plays a crucial role, from helping farmers buy fertilizer to covering children's education expenses. ## Profitability and Social Impact Parithad highlights the need to balance profitability with social impact. Despite high interest rates, microfinance focuses on improving customers' lives, he argues. ## Challenges in the Industry The microfinance industry faces criticism for high interest rates and trapping borrowers in debt cycles. Parithad defends the company's balanced approach to these challenges. ## Lack of Government Support Parithad points out the Thai government's insufficient support for microfinance institutions. The company continues to grow with backing from international organizations. ## Thailand's Economic Hopes Optimism prevails in Thailand's economy with the new government. Parithad believes Muangthai Capital will grow alongside the country's revived economic policies. ## Sources covering this story - https://fortune.com/2026/07/13/muangthai-ceo-parithad-petampai-thailand-microfinance/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._