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) |
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KHR |
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Min. |
Max. |
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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