Group Loan is the loan that gives to group of people from 2 persons to 8 persons in purpose to expand their business, service, agriculture and personal or household consumption.
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GROUP LOAN |
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Features of Group Loan Product |
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Currency |
Khmer Riel and US dollar |
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Loan Size |
Upto 500 USD or equivalent in Khmer Riel |
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Loan Term |
Upto 12 months |
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Interest Rate |
1.50% per month |
| Repayment Mode |
Declining Repayment |
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Other Requirement and Document for loan |
The people are 18 years old up A definitive or clear resident and occupation Land or house that could be taken as collateral ID card or family book or birth certificate or passport or other document that is valid |
