Developing Loans

 

The Developing loan targets partners with very small businesses, and who wish to expand these. DL partners will come together as a group, with the below conditions:

 Loan Size and Period

 

Currency

Loan Amount

 Period

(Months)

Min.

Max.

KHR

100,000

3,000,000

3 – 18

                            

Conditions and Requirement:

  • 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…)
  • Group guarantee (from 2-5 members)

Repayment method:

 

Monthly installment of fixed principal and interest upon declining balance calculation method

 

Interest rate 1.50% which apply declining method