AFSF - Asia - Cambodia - AMRET

Development Objective

To develop Amret’s capacity in agricultural lending and increase rural outreach with adequate financial services, including deposit. The Project consists of the following activities: (a) developing suitable agribusiness lending and non-lending products; (b) setting up an agriculture credit unit; (c) developing secured financial services in the rural areas, including, inter alia: conducting a feasibility and market study followed by a implementation phase including, inter alia: support installation of mobile-banking platform, capacity building in the Recipient’s financial services and information and technology departments, and pilot of rural financial services, including field deposit collection.

Key Details

Project Details

Project ID
P123325
Status
Closed
Team Leader
Munichan Kung
Borrower 2
N/A

Country
Cambodia
Disclosure Date
April 5, 2013
Approval Date
(as of board presentation)
April 5, 2013
Effective Date
April 18, 2013

Total Project Cost 1
US$ 0.73 million
Implementing Agency
N/A
Region
East Asia and Pacific
Fiscal Year 3
2013

Commitment Amount
US$ 0.73 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
September 30, 2014

Last Stage Reached
BANK APPROVED
Last Update Date
February 27, 2015

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Renewable Natural Resources Asset Management20%
- FY17 - Biodiversity10%
- FY17 - Landscape Management10%

FY17 - Private Sector Development

FY17 - Business Enabling Environment40%
- FY17 - Regulation and Competition Policy40%

FY17 - Urban and Rural Development

FY17 - Rural Development40%
- FY17 - Land Administration and Management10%
- FY17 - Rural Infrastructure and service delivery30%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Agricultural Rural Financing Facility	0.73

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	N/A
IBRD + IDA Commitment	N/A

Lending Instrument
Grant Amount	0.73
Total Project Cost**	0.73

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Implementation Progress (IP)	Satisfactory	2015-03-31
Counterpart Funding	Satisfactory	2015-03-31
Monitoring and Evaluation	Satisfactory	2015-03-31
Project Management	Satisfactory	2015-03-31
Progress towards achievement of PDO	Satisfactory	2015-03-31
Procurement	Satisfactory	2015-03-31
Financial Management	Satisfactory	2015-03-31

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Of which from AgriFin pilot (in million US$) Value 0.00 9.64 10.18
Date December 31, 2012 November 30, 2014 December 31, 2014
Comment
2.2. Total End of Balance on Rural Savings Accounts (In Mill. US$) Value 26.60 52.10 41.60
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment
2.3. Number of rural clients having subscribed to M-banking services Value 0.00 2962.00 2160.00
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment
3.1. PAR 30 of the agricultural loan portfolio (In %) Value 0.46 0.05 1.50
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment
3.2. Margin on Direct Costs (operational + refinancing + risk) costs for the AgriFin portfolio (In Mill. US$) Value 0.00 0.23 1.14
Date December 31, 2012 December 31, 2013 December 31, 2014
Comment
1.3. Total Number of Active Borrowers (individual loans) in agriculture as of end December Value 44154.00 56765.00 53953.00
Date December 31, 2012 November 30, 2014 December 31, 2014
Comment
1.1. Number of individual agriculture finance loans disbursed to farmers per year, as of end of December. Value 40346.00 50380.00 53311.00
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment

1.2. Volume of individual agricultural finance loans disbursed to farmers per year, as of end of December (in Mill. US$)	Value	51.54	108.18	98.70
	Date	January 1, 2013	November 28, 2014	December 31, 2014
	Comment

Of which, from AgriFin pilot Value 0.00 2385.00 2446.00
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment
Of which from AgriFin pilot (Million US$) Value 0.00 13.05 12.20
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment
Of which from AgriFin pilot Value 0.00 2005.00 2446.00
Date January 31, 2013 November 30, 2014 December 31, 2014
Comment
1.4. Total Value of Loan Outstanding of individual agriculture loans as of end December (in Mill. US$) Value 98.00 98.08 172.70
Date December 1, 2013 November 30, 2014 December 31, 2014
Comment
2.1. Number of Rural Savings Accounts Value 57314.00 124511.00 93084.00
Date December 31, 2012 November 28, 2014 December 31, 2014
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

IO 1.1. New policies/ procedures designed to incentivize agricultural lending staff to improve quality and efficiency of operations	Value	NA	Yes	Yes
	Date	December 31, 2012	November 28, 2014	December 31, 2014
	Comment

IO 2.1. Managers able to assess the profitability and productivity of the agricultural credit department, based upon enhanced MIS	Value	NA	Yes	Yes
	Date	December 31, 2012	December 8, 2014	December 31, 2014
	Comment

IO 2.2. Managers able to analyze performance of the agricultural loan portfolio by product, client type, region, value chain, etc.	Value	NA	Partially Yes	Yes
	Date	December 31, 2012	December 31, 2014	December 31, 2014
	Comment

IO 3.3. % of rural clients served using third parties (out of total M-Banking rural Amret clients) Value 0.00 0.00 30.00
Date December 31, 2012 December 1, 2014 December 31, 2014
Comment
IO 3.1. Number of Commodity supply chains successfully penetrated by new products Value 0.00 6.00 4.00
Date December 31, 2012 December 15, 2014 December 31, 2014
Comment
IO3.2. Partnerships set up with VC stakeholders for risk sharing and increased productivity & outreach Value NA Yes Yes
Date December 31, 2012 December 15, 2014 December 31, 2014
Comment
IO 3.3. % of farmers using m-banking (out of total MB rural Amret clients) Value 0.00 82.00 30.00
Date December 31, 2012 December 15, 2014 December 31, 2014
Comment
IO 4.1. Managers able to assess the profitability and productivity of the M-bile Banking transaction Value NA Yes Yes
Date December 31, 2012 December 15, 2014 December 15, 2014
Comment
IO 5.1. The Rural Finance services (M-Banking) operational procedure prepared and implemented. Value NA Partially yes. Yes
Date December 31, 2012 December 15, 2014 December 31, 2014
Comment
IO 5.2. Number of Partnership with third party agents initiated for field cash transactions Value 0.00 0.00 1.00
Date December 31, 2012 December 15, 2014 December 31, 2014
Comment

Of which from AgriFin pilot (in million US$)	Value	0.00	9.64	10.18
	Date	December 31, 2012	November 30, 2014	December 31, 2014
	Comment

2.2. Total End of Balance on Rural Savings Accounts (In Mill. US$)	Value	26.60	52.10	41.60
	Date	December 31, 2012	November 28, 2014	December 31, 2014
	Comment

3.1. PAR 30 of the agricultural loan portfolio (In %)	Value	0.46	0.05	1.50
	Date	December 31, 2012	November 28, 2014	December 31, 2014
	Comment

1.3. Total Number of Active Borrowers (individual loans) in agriculture as of end December	Value	44154.00	56765.00	53953.00
	Date	December 31, 2012	November 30, 2014	December 31, 2014
	Comment

1.1. Number of individual agriculture finance loans disbursed to farmers per year, as of end of December.	Value	40346.00	50380.00	53311.00
	Date	December 31, 2012	November 28, 2014	December 31, 2014
	Comment

Of which, from AgriFin pilot	Value	0.00	2385.00	2446.00
	Date	December 31, 2012	November 28, 2014	December 31, 2014
	Comment

Of which from AgriFin pilot	Value	0.00	2005.00	2446.00
	Date	January 31, 2013	November 30, 2014	December 31, 2014
	Comment

1.4. Total Value of Loan Outstanding of individual agriculture loans as of end December (in Mill. US$)	Value	98.00	98.08	172.70
	Date	December 1, 2013	November 30, 2014	December 31, 2014
	Comment

2.1. Number of Rural Savings Accounts	Value	57314.00	124511.00	93084.00
	Date	December 31, 2012	November 28, 2014	December 31, 2014
	Comment

IO 5.1. The Rural Finance services (M-Banking) operational procedure prepared and implemented.	Value	NA	Partially yes.	Yes
	Date	December 31, 2012	December 15, 2014	December 31, 2014
	Comment

AFSF - Asia - Cambodia - AMRET

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

Detailed Financial Activity as of July 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS