Agriculture Group Loans

Agriculture Group Loan (AGL) is designed for poor farmers and entrepreneurs who have seasonal cash flow from agriculture activities.

A.   Loan amount and Term

Condition and requirement

• Cambodian and aged between 18-65 year-old
• At least 6 months residence at the address area of Chamroeun
• Documents required (ID card, Family book, Resident book, Birth Certificate…)
• Group guarantee (from 2-5 members)

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 equal amount payable.

Interest:

Interest rate 1.50% which apply declining method