Angkor Microfinance Kampuchea
Angkor Microfinance Kampuchea (AMK) serves the lower economic segments in Cambodia and focuses mainly on poor households in rural areas. The organisation has a very strong geographical presence in remote areas and strong social focus and is one of the leading microfinance institutions in sustainability. Founded in 2003, AMK underwent a strategic transformation in 2010 and turned from a rural credit-only business into a broader provider of microfinance services.
The institution runs 147 branches and covers about 98% of the country’s villages. As of 31 December 2015, AMK services 327,573 borrowers, 82% of which are female and 96% are in rural areas. The gross loan portfolio is USD 128 million. Formerly financed by Hivos-Triodos Fund, it is now being financed jointly by Triodos Fair Share Fund and the Triodos Sustainable Finance Foundation, Triodos Microfinance Fund has provided a subordinated loan to AMK to continue be an innovative player in Cambodia and to broaden its product range in the coming years.
KEY INDICATORS 31 December 2015:
- number of loan clients: 327,573
- percentage female clients: 82%
- percentage rural clients: 96%
- average loan amount: EUR 361
- number of savings clients: 163,680
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.