Amret MFI gets $10M loan to aid SME reach

20 May 2014
The Phnom Penh Post
Banking and financial services / Economy and commerce / Small and medium enterprises SME
Amret Microfinance Institution / Chea Phalarin / Gerald Lazer / German aid / KfW

Amret Microfinance received a $10 million boost yesterday by a loan from German development bank KfW, according to a joint statement from the finance institutions. Chea Phalarin, chief executive officer of Amret Microfinance Institution, said yesterday that the new loan – equal to nearly double its profit for 2013 – will be used to increase access to financing for Cambodia’s smallest businesses. …

 Hor Kimsay
http://www.phnompenhpost.com/business/amret-mfi-gets-10m-loan-aid-sme-reach

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