Energy Group User Loan (EGL)
Energy group-user loan (EGL) is aimed to those who need small financing to purchase small items of energy solutions like solar lanterns and efficient cookstoves.
A. Loan Size and Term
B. Interest Rate and Processing Fee Charged
- Interest rate is 3.00% per month calculated on declining balance.
- Processing fee needs to be paid in up-front and is calculated depending on amount of loan disbursement as indicated in the table below:
C. Condition and requirement
- Cambodian and aged between 18-60 year-old
- At least 6 months residence at the address area of Chamroeun
- Be at least 3 months with Chamroeun for existing partner can be apply Energy Group user loan.
- Have a challenge towards energy consumption.