Chamroeun Loans
Chamroeun Loan
Chamroeun Loans (CL) is designed for entrepreneur poor people who individually need small capital to start up and/or expand legal businesses (trading, production, service, and handicraft…).The conditions and requirements are below:
Loan amount and Term:
Loan Amount |
Term (Months) |
|||
KHR |
USD |
|||
Min |
Max |
Min |
Max |
|
100,000 |
4,000,000 |
25 |
1,000 |
3 – 24 |
4,100,000 |
6,000,000 |
1,025 |
1,500 |
3 – 36 |
Conditions and Requirements
- Cambodian and aged between 18-65 year-old
- Having relevant business and business plan
- At least 6 months residence within Chamroeun's operational areas
- Documents required (ID card, Family book, Resident book, Birth Certificate…)
Repayment mode:
Monthly installment of fixed principal and interest upon declining balance calculation method
and monthly fixed monitoring fee.
Interest:
Interest rate 1.50% with apply declining method