AMRET is Cambodia’s second largest microfinance institution in terms of portfolio size and had 242,548 borrowers at the end of December 2018. AMRET employs 4,100 people and has 158 branches covering Cambodia’s 25 provinces. It was certified Smart Campaign in July 2016 and respects the client protection principles. The MFI is mainly based in rural areas.
A USD 10m loan to the Cambodian microfinance institution (MFI) AMRET to support the development of its loan portfolio and strengthen its regulatory capital base.
The project will contribute to the financial inclusion of unbanked populations. It should provide access to basic financial services and products in Cambodia for some 10,820 beneficiaries (microentrepreneurs, microenterprises and SMEs). The MFI particularly supports women, who account for 70% of clients.
This information is given at the time of signature, without prejudice to any developments in the operation/project