The Housing Loan (HL) provides access to clients who wish to buy houses that are already built or are being built. The loan is also applicable for clients who wish to build their own house on existing land property. Housing Loan is provided to both new and LOLC’s existing clients with the loan size up to KHR 400,000,000 or equivalent to USD 100,000. The loan term is up to 120 months, and interest calculation is based on the outstanding balance of the loan.

LOLC’s Housing Loan offers clients a number of key benefits:

• A reasonable interest rate, calculated based on outstanding balance,
• Convenient option to apply for and repay loan at nearest LOLC office or any money transfer agencies which incorporated with LOLC,
• Flexible loan terms and repayment plan that are catered to your need.
  

HL is designed for adapting to the needs of our clients and required client to choose the repayment mode of monthly or biweekly annuity only.

Fee:

Processing fee is charged 1% per cycle.

Requirement:

• Be a majority aged 18 to 55 years old
  
• Permanent resident
• Have a legal business and regular income
• Have a good record and be reliable
• Have enough capacity to repay the loan
• Have ID card, passport, family book, resident book, and/or birth certificate
• Agree to the loan term & conditions.

How to apply:

To apply for loan, client shall follow these simple steps:

• Talk to a LOLC staff in your area or at the nearest LOLC office or via call center 023 991 991.
  
• Request a specific amount and term based on your needs.