Amret recently organized four days of training workshops on financial literacy in Siem Reap. The courses took place from June 11 to June 14 with 300 participants.
The training focused mainly on effective savings and basic knowledge about the financial sector.
Ms. Keo Thida, a senior official for society and environment at Amret, explained that those who attended the course gained knowledge about cash management, savings methods, secure deposits, the benefits of saving, and the use of finance in daily life.
“This is one of Amret’s goals, to bring education to those living in the provinces who lack financial knowledge, especially women,” said Thida.
Ms. Tun Nisai, who attended a training course in Krabey Real commune, said:
The training courses took place over four days. June 11 and 12 saw seminars take place in Siem Reap’s Krabey Real commune and then the courses moved to the city’s Chreay commune for two more days of talks. Around 75 participants showed up for the courses each day.
“In the past, I did not know how to manage my money. But after completing this course, I can manage my money, budget spending and plan out my savings and deposit with a qualified bank or MFI.”
Amret Microfinance Institution has organized training courses on financial literacy across 25 Cambodian provinces since 2011. Over 4,000 participants have attended the events and improved their knowledge about a range of banking and finance topics.
Additionally, Amret has pushed to improve awareness in the country about environmental causes and to help reduce the use of plastics.
Providing responsible and efficient financial services, customer protection and social responsibility has always been central to Amret’s mission. The company was awarded a certificate on customer protection in 2018 from the Smart Campaign – an international organization responsible for client protection principles in the financial sector.
Currently, Amret has 4,000 staff members and serves more than 465,000 clients through its 156 branches across Cambodia. Amret holds deposits totaling more than $475 million and its loans outstanding are worth almost $900 million. The company’s total assets are worth over $1 billion.