Loan in AIMS project

Who is target customer?	Individual or entity of AIMS cluster in agricultural value chain of 5 commodities including vegetable, backyard chicken, cassava, rice assure quality rice and raw silk
Loan size and term	From 500 USD up Working capital loan, term: up to 3 years Investment loan, term: up to 7 years
Interest rate	7% per annum
Requirements	Be cluster of AIMS project Have experience and knowledge in business Have collateral Have payment capability
Payment method	Monthly interest payment and Principal can be paid monthly or quarterly or semester or annually based upon customer’s cash flow
Collateral	hard title or soft title which recognized by law, or certificate of deposit, etc.
Benefits	Can make principal payment before maturity date without penalty Get the supports on market linkage between customer as producer with buyer of AIMS business cluster Can get other benefits from the project
Required documents	Khmer ID and family book or residence book (copy) Land title document as collateral Income-Expense information and business plan In case entity, there are additional required documents as below: Effective patent and incorporate certificate (copy) Business statues (copy) Minute of general meeting of shareholder or that of executive management on decision authorization borrowing from the bank