Energy Group User Loans
Energy Group Loan (EGL) is aimed to those who need small financing to purchase small items of energy solutions like solar lanterns and efficient cook stoves.
A. Loan amount and Term
Loan Amount |
Term (Months) |
|
KHR |
||
Min. |
Max. | |
100,000 |
400,000 |
3 – 6 |
Condition and requirement
- Cambodian and aged between 18-65 year-old
- At least 6 months residence in the area.
- Documents required (ID card, Family book, Resident book, Birth Certificate…)
- Group guarantee (from 2-5 members)
Repayment Mode:
Monthly installment of fixed principal and interest upon declining balance calculation method.
Interest:
Interest rate 1.50% which apply declining method.