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

Loan Amount

Term

(Months)

KHR

Min.

Max.

100,000

3,000,000

3 – 18

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