SMAEs Loan under special program of the Government

Who is target customer?	Producer, farming owner, agricultural cooperative, SMEs, who need capital for expanding business in 4 main sectors as below: vegetable and fruit producing animal raising (chicken, duck, pig, cow, etc., aquaculture (fish farming, frog, eel, lobsters, etc.,) agro-industry processing and food.
Loan size and term	Working capital from 5,000 – 200,000 USD, term: up to 2 years For Investment from 5,000 – 300,000 USD, term: up to 7 years
Interest rate	Working capital loan: 5% per year Investment loan: 5.5% per year
Requirements	Have existing business Have collateral Have payment capability Be target customers as mentioned above
Payment method	Monthly interest payment and Principal can be paid monthly or quarterly or semester 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 Can get grace period for 1^st year payment of principal for investment loan Can get loan up to 80% of collateral
Required documents	Khmer ID and family book or residence book (copy) Land title as collateral Business permission certificate (copy) Income-Expense information and business plan In case entity, there are additional required documents as below: Effective patent and incorporate certificate (copy) Business/company statues (copy) Minute of general meeting of shareholder or that of executive management on decision authorization borrowing from the bank