Amret II (USD)
- Active: Active
- Region: Asia & Pacific
- Country: Cambodia
- Sector: Microfinance
- Year: 2013
- Domicile: Cambodia
- Instrument: Loan
- Commitment (MNOK) as of 30.06.2019: 127.8
- Original Commitment (MNOK): 203.0
Amret is a leading micro-finance institution in Cambodia and the largest in rural areas. Amret focuses on the poorest segments of the population and has developed many kinds of financial products and services, especially small scale loan for people in the rural areas and medium scale loan for small and medium enterprises.
Norfund has had a long-standing partnership with Amret. Amret is compliant with Norfunds covenants and has been well performing through our partnership. Amret is an important partner in the region, and Amret also co-invests with Norfund in Advans Myanmar.
In 2018, Norfund closed an additional USD 10 million senior loan to Amret. This was our third loan to them. It will help them serve its clients of micro, small and medium farmers and enterprises, and the retail segment.
With these investments, Norfund wishes to contribute to making basic financial services available to the poor.