IFC considers $50m financing for Cambodian MFI Amret

Phnompenh, Cambodia. Photo: Binh Dang Nam/ Unsplash

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a senior loan of up to $50 million for Amret Plc, a microfinance deposit taking institution in Cambodia, according to a disclosure.

The proposed investment consists of an up to $25 million IFC A Loan and an up to $25 million B Loan to the company with at least 30 per cent of the loans expected to be used for women and women-owned micro, small, and medium enterprises (MSMEs)  in Cambodia.

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