- Simple conditions and fast approval service
- Acceptable interest rate
- Flexible Loan term and repayment mode
- Currency can be (USD) or (KHR)
- All kinds of collaterals are accepted and discussed
|Currency||KHR & USD|
|Interest Rate||1.5% and Above|
|Loan amount||Up to USD 2,500|
|Loan Term||Up to 3 years|
|Collateral||All kinds of collaterals are accepted. These are noted as follows.
- Equal weekly/bi weekly/monthly principal and interest (“EW/B/MP”)
- Equal weekly/bi weekly/monthly Installment (“EW/B/MI”)
- Equal Monthly/Semi-Annually/Annually Principal Repayment and Interest monthly.
Early Loan Repayment 75% of interest to be collected is given back to clients when they pay off the loan.
- Borrower of 18-65 years old
- Legal, harmless business (not an environmentally or socially damaging business).
- Loan repayment capacity is exceeded 70% of net cash flow from the business per period (Principal and Interest)
- Positive information at Credit Bureau of Cambodia.
- Completed Application form
- National ID/Passport/Family Book
- Collateral Documents (strong/soft title deeds/car/motor registration card, etc.)
Micro Loan is a loan that provides the customer a source of funding for starting and expanding the business.
Loan Term is 3 months up
The basic eligibility criteria of the borrower to apply for Micro Loan are:
– Must be a starter or be in business for at least 3 months
– Sound financial stability of the business
– All Kinds of collaterals are accepted to pledge for the loan.
For more details, please talk to our specialist.