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Agriculture Financing Loan
Agriculture Financing Loan (AFL) is aimed at partners who need financing in terms of agriculture and small entrepreneur for seasonal capital to invest in agriculture.
A. Loan Amount and Term
|
Loan Amount |
Term (Months) |
|||
|
KHR |
USD |
|||
|
Min. |
Max. |
Min. |
Max. |
|
|
100,000 |
4,000,000 |
25 |
1,000 |
3 – 18 |
|
> 4,000,000 |
8,000,000 |
> 1,000 |
2,000 |
3 – 24 |
| > 8,000,000 | 20,000,000 | > 2,000 | 5,000 | 3 – 36 |
| > 20,000,000 | 40,000,000 | > 5,000 | 10,000 | 3 – 48 |
| > 40,000,000 | 60,000,000 | > 10,000 | 15,000 | 3 – 60 |
Condition and requirement
- Cambodian and aged between 18-65-year-old
- At least 6 months of residence at the address area of Chamroeun
- Documents required (ID card, Family book, Resident book, Birth Certificate…)
- Collateral may require depending on loan size.
Repayment Mode:
Monthly installment (interest upon declining balance + fixed monthly monitoring fee). Principal: client can choose to repay the principal every 1, 2, 3, 4, 5, 6, 7, 8, or 9 months with an equal amount payable.
Interest:
Interest rate 1.50% which applies the declining method
