Amret was founded in 1991 with the aim of providing financial services to the poor rural population in remote areas of Cambodia. Amret is now active in 14 provinces, mainly providing loans for agriculture. Amret issues both individual and group loans to over 224,000 clients and has started offering savings products too. Triodos Fair Share Fund have provided microfinance institution Amret loans so that it can generate further growth in the number of clients it serves.
KEY INDICATORS Amret at year-end 2013:
- number of loan clients: 285,828
- percentage female clients: 80%
- percentage rural clients: 98%
- average loan amount: EUR 518
- number of savings clients: 90,627
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.