Group Loan

The power to decide what you want and the power of many to make it easy for all. This is the essence of AMK’s group loans, loans that encourage tighter community spirit and responsibility as we all grow together.

Group loans, also known as Village Bank (VB) Loans, have been introduced by adapting the methodology of solidarity group lending. The method begins with potential clients self-selecting themselves into joint-liability groups of two to six members, organized into Village Banks consisting of four to twelve groups or a maximum of one hundred members. This type of loan allows potential borrowers who are unable to offer viable or sufficient collateral individually access to capital.

Clients are free to decide which product best suits them according to their income flow.

Product Features and Benefits:

Product Attribute  Description
Currency KHR/USD/THB
Interest Rate (per month) 1.50%
Maximum Loan Size Up to USD 1,000 or equivalence currency
Loan Term 3 to 24 months
Payment Mode Flexible payment terms
Collateral Requirement Nil

Eligibility:

Cambodian citizens who are:
• Age from 18 to 70 years’ old
• Permanently residing in the country
• Living at a permanent address as certified by local authorities
• Either gainfully employed with sufficient regular salary or a business owner with stable income
• And other relevant documents as requested

Requirements:

• National identification document (NID) / identity document issued by an official authority
• Income justification
• And other relevant documents as requested

 How to Apply:

Please visit one of our nearest branches to you and meet our staff who will guide you through the processes, or contact us: 023 22 02 02 / 1800 200 200
Please click here for our branch’s addresses