LOLC Cambodia Announces Upcoming Expansion of “Prosperity Gold Loan” to Branches in Phnom Penh and Provinces

Phnom Penh: In line with its strategic plan, LOLC (Cambodia) Plc, one of Cambodia’s leading microfinance institutions, officially launched its first-ever new credit product, the “Prosperity Gold Loan,” on the morning of March 27, 2026. The launch took place at the Khan Meanchey Branch, Sangkat Meanchey II, Phnom Penh, under the distinguished presence of Mr. Sok Voeun, Chief Executive Officer of LOLC (Cambodia) Plc, along with the management team and numerous customers who attended to celebrate the occasion.

The Prosperity Gold Loan is the best financial solution for customers in need of urgent cash, using their gold as collateral to access financing from LOLC. With a strong commitment to security and trust, LOLC Cambodia guarantees the safe storage of your gold assets while providing fast loan approval in approximately 15 minutes with competitive interest rates and flexible repayment options designed to suit their financial needs.

Mr. Sok Voeun, Chief Executive Officer of LOLC (Cambodia) Plc, stated that the Prosperity Gold Loan is a newly introduced credit product by LOLC Cambodia and the first of its kind in Cambodia’s banking and financial sector. He noted that the product was developed to provide a solution for customers with urgent cash needs, allowing them to apply for loans with a repayment period of up to six months.

He added “Customers can apply for the Prosperity Gold Loan to access quick cash, with loan amounts of up to 70% of their gold value, along with free gold cleaning services. Since its launch on March 2, 2026, the product has gained strong customer support and shown impressive growth.”

As part of its strategic plan, LOLC Cambodia will continue to expand this new credit product more widely across all branches in Phnom Penh and gradually extend it to provincial branches nationwide.

The Prosperity Gold Loan provides customers with significant advantages, such as fast cash disbursement determined by the daily market value of their gold. Customers may also apply for additional funds based on the real-time market value of their gold. Loan repayments can be made fully or in advance at any time without incurring penalties.

To apply for the Prosperity Gold Loan, customers are required to be aged between 18 and 65 and hold either a Cambodian national ID or passport.Accepted gold items for collateral include gold bars, gold coins, or other gold jewelry with a purity of 6.7–10 teuk (16–24 carats), with a minimum weight of 1 chi (3.75 grams) per item.

Publish date: March 27, 2026

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