ខ្មែរ
Web Mail
 
Home
Group Loan (GL)
Group Loan (GL) is designed to help clients run and grow their micro and small businesses. Target clients are those who currently operate a small business and require up to 4,000,000 riels (or $1,000) for working capital or acquisition of fixed assets. 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 balance of principal repayment based on cash flow analysis and mutual agreement),
Balloon (monthly interest repayment and the balance of principal payment at the end of the contract),
annuity, or
Flexible annuity.
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.
Currency Loan Size Interest Rate Loan Term
KHR up to 4,000,000 1.5% 3 – 24 months
USD up to 1,000 1.5% 3 – 24 months
THB up to 40,000 1.5% 3 – 24 months
Note: this table shows interest rate indication only, and some fee charges may be applied.
Advantages
LOLC’s Group Loan offers clients a number of key benefits, including:
-    No requirement of physical collateral.
-    Convenient option to apply for and repay loan at nearest LOLC office or at your business site or any money transfer agencies which
     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.
Contact Information
To apply for LOLC’s Group Loan, follow these simple steps:
-    Talk to a LOLC staff member or any LOLC Group Leader in your area.
-    Create or adhere to a joint-liability group ranging from 2 to 7 members.
-    Request a specific amount and term based on your group’s needs.
-    Agree to the loan term & conditions.
Head Office
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia
Tel: (+855) 23 991 991
Online Visitors: 28
Today Visitors: 610
Total Visitors: 1533388
Copyright © 2015 LOLC (Cambodia) Plc. All Rights Reserved.