AMRET PLC
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Amret is a mature and professional deposit-taking microfinance institution in Cambodia. It provides group and individual loans to poor women in rural areas, and is mostly active in the agriculture sector. Amret is a strong, long-standing client of FMO with sound financial performance and high quality management.
What is our funding objective?
The long-term FMO-A subordinated loan will support Amret's growth plan by strengthening its capital base. This complements a long-term FMO-A senior loan, which will support Amret's growth plan to reach out to the MSME sector
Why do we fund this investment?
This is a highly inclusive transaction because it provides financial services to the lower segment of a low-income country. Liquidity in Cambodia is still relatively scarce and Amret has thus far received predominantly small-scale and medium-term loans.
More investments
| Date | Total FMO financing |
|---|---|
| 10/26/2021 | USD 50.00 MLN |
| 7/26/2022 | USD 12.50 MLN |
| 5/2/2022 | USD 11.00 MLN |
| 5/2/2019 | USD 10.00 MLN |
| 5/23/2014 | USD 16.98 MLN |
| 9/24/2018 | USD 12.50 MLN |
- Website customer/investment
- http://www.amret.com.kh
- Region
- Asia
- Country
- Cambodia
- Sector
- Financial Institutions
- Effective date
- 6/16/2014
- End date
- 4/20/2021
- Total FMO financing
- USD 5.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - C