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QUICK INDIVIDUAL LOAN
The Quick Individual Loan(QIL) is an individual loan product intended for productive purposes in client’s business expansion or starting new business of up to USD $3,000 or equivalent to KHR, of up to 24 months term. QIL is an unsecured nature of the product which will require strict risk control underwriting and collecting policies.
Currency Loan Size Interest Rate Loan Term
KHR Up to 12,000,000 2.5%-3.5% 3-24 months
USD Up to 3,000 2.25%-3.5% 3-24 months
Advantages
LOLC’s Quick Individual Loan offers clients a number of key benefits, including:
- Free option of currency: US dollar or KHR
- A reasonable interest rate, calculated based on outstanding balance
- Convenient option to apply for and repay loan at nearest LOLC office or at your business site
- Flexible loan terms and repayment plan that are catered to your need
- No loan fee charged.
Contact Information
To apply for LOLC’s Quick Individual Loan, follow these simple steps:
- Talk to a LOLC staff member in your area or at the nearest LOLC office
- Request a specific amount and term based on your needs
- Provide the necessary documents required by LOLC
- Agree to the loan terms & 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
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