We use Cookies. Read our Terms
- Operations
- AMRET Second Line of Credit
AMRET Second Line of Credit
Cambodia
Borrower | Amret PLC |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Financial |
Approved | 14.06.2007 |
Signed | 07.03.2008 |
Status | Completed |
Loan Administrator | OPEC Fund |
OPEC Fund Contribution (US$m) | 4.00 |
AMRET is engaged primarily in the provision of
microfinance services to the rural population of
Cambodia through its headquarters in Phnom
Penh and various provincial offices throughout
the country. Given the size of loans and the operational
focus of AMRET, activities financed by the
credit line will concentrate on the micro and small
business sector, which is considered the most
promising in terms of employment creation, general
economic benefits and poverty reduction.