WASH Group Loans
WASH Group Loans (WGL) is aimed to group of partners who need financing to build water pump, water connection, water filter and renovate or build toilet.
Loan amount and Term
Loan Amount |
Term (Months) |
|||
KHR |
USD | |||
Min. |
Max. | Min. |
Max. |
3 – 24 |
100,000 |
4,000,000 | 25 |
1,000 |
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 Mode:
Monthly installment of fixed principal and interest upon declining balance calculation method
Interest:
Interest rate 1.50% which apply declining method.