Group Loan

Group Loan is the loan that gives to group of people from 2 persons to 8 persons in purpose to expand their business, service, agriculture and personal or household consumption.

 

GROUP LOAN

Features of Group Loan Product

Currency

Khmer Riel and US dollar

Loan Size

Upto 500 USD or equivalent in Khmer Riel

Loan Term

Upto 12 months

Interest Rate

1.50% per month

    Repayment Mode

Declining Repayment

Other Requirement

and Document for

loan

The people are 18 years old up

A definitive or clear resident and occupation

Land or house that could be taken as collateral

ID card or family book or birth certificate or passport or other document that is valid

Staying in the area where Vithey Microfinance Plc. was operated