
Product Description
Credit Line-Village Bank
Target Clients
Group members who have completed one cycle
Maximum Loan Size
Up to KHR 1,000,000 or THB 10,000 after 1st cycle
Loan Guarantee
Social guarantee - No need for physical collateral or guarantors
Currency
KHR and THB (in Banteay Meanchey)
Disbursement Timeline
1 to 2 weeks from signature if there are no changes in the application form
Maximum Term
24 months
Repayment Amount and
Frequency 3% (KHR) and 2.8% (THB) monthly interest payment due on the outstanding loan, principal payment due on or before the end of the term.
Prepayment Penalties
None
Late Payment Fee
Additional 1.0% per month on the pending principal (starting from the month, a payment has beenmissed)
Other Fees
Up-front fee: 0.5% of loan amount

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ភាសាខ្មែរ
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