Amret Plc. is a leading microfinance institution in Cambodia and one of the largest in the rural areas of the country. Amret has developed financial products and services to reach the lower end of the market, including small-scale loans for people in the rural areas and medium scale loans for small and medium enterprises. Norfund has had a long-standing partnership with Amret, and the microfinance institution is an important partner in the region. In 2019, Norfund provided a senior loan of USD 10 million and a subordinated loan of USD 5 million to Amret. These loans will support and improve Amret’s ability to provide loans to micro, small and medium enterprises in Cambodia, which is important to increase financial inclusion in the country.
- Financial Inclusion
- Commitment (MNOK):