Offering customers added value and supporting them to improve the economic welfare of their families are the primary goals of Amret’s social performance management. Taking care of employees and participating in social development activities are the secondary goals. Amret is committed to achieving these social goals in line with its vision and mission. We classify social responsibility into three categories: clients, staff and the community.

Responsibility to Clients
Our clients are at the heart of everything we do at Amret. Client protection is integral to responsible finance and, ultimately, ensures Amret’s sustainable growth. Amret is Client Protection Certified by the global Smart Campaign, signifying that Amret takes adequate care to design products and services that do not harm its clients. In so doing, Amret adheres to these seven Client Protection Principles:

Appropriate product design and delivery: Amret takes adequate care to design products and delivery channels in such a way that Amret does not cause its clients harm. Products and delivery channels are designed with client characteristics in mind.

Prevention of over-indebtedness:Amret takes adequate care in all phases of its credit process to determine that clients have the capacity to repay their loans without becoming over-indebted. In addition, Amret implements and monitors internal control systems that support the prevention of over-indebtedness; and fosters efforts to improve market-level credit risk management (such as credit information sharing).

Transparency: Amret communicates clear, sufficient and timely information in a manner and language that clients can understand so that clients can make informed decisions. The need for transparent information on product pricing, terms and conditions is emphasized.

Responsible pricing: Pricing, terms and conditions are set in a way that is affordable to clients while allowing the financial institution to be sustainable. Amret strives to provide positive real returns on deposits.

Fair and respectful treatment of clients: Amret treats its clients fairly and respectfully and without discrimination. Amret ensures adequate safeguards to detect and eliminate corruption as well as aggressive or abusive treatment by staff, particularly during loan and debt collection processes.

Privacy of client data: Amret safeguards and protects client information at all times. Amret does not believe in disclosing client information without their knowledge and consent.

Mechanisms for complaint resolution: Amret believes in listening to its clients and ensuring that their concerns and grievances are addressed effectively. Amret is committed to providing formal channels of communication with customers through which they can give feedback on the quality of service.

Amret’s Operations Area


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