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Group Loan (GL) aims to help clients run and to grow their micro or small businesses. The target clients should have or operate a micro or small business and require up to 8,000,000 riels or its equivalent for working capital or acquisition of fixed assets. Prospective clients are encouraged to form joint-liability groups of 2-7 members among their community members with similar needs and apply for a GL. LOLC’s Group Loan offers clients a number of key benefits: No requirement of physical collateral, Convenient option to apply for and repay the loan at nearest LOLC office or at your community or any money transfer agents which has been incorporated with LOLC, A reasonable interest rate, calculated based on outstanding balance, Flexible loan terms and repayment plan that adapt to your personal or business need, Easy and flexible group formation. GL is designed for adapting to the needs of our clients by allowing several options of repayment mode: Fixed installment (monthly interest and principal repayment), Semi-balloon (monthly interest repayment and the principal repayment based on cash flow analysis and mutual agreement), Balloon (monthly interest repayment and the principal payment at the end of the contract), Annuity, or Flexible annuity.
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LOLC (Cambodia) Plc. has been serving Cambodian public and society for over 30 years, and has been recognized by both local and international financial authorities. Our products and services are committed to improving the livelihood of Cambodian customers.
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.
023 991 991 [email protected] |
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