Fuel the growth of your micro-scale business without worrying about insufficient funds. KB PRASAC Bank offers a hassle-free and swift micro loan to support your expansion needs.
Product Features
- Loan amount: Up to USD 1,500 or equivalent to KHR
- Interest rate: 1.40% per month
- Loan term: Up to 48 months
- Repayment mode: Flexibility according to cash flow
Interest Computation
- Declining method is used
Requirements
- Be a majority aged 18 to 65 years old
- Permanent resident
- Have a good record and be reliable
- Have a legal business and regular income
- Have enough capacity to repay the loan and be responsible
Required Documents
- ID card, passport, family book, residential book, birth certificate, civil servant ID, or employment ID
- Land title, land certificate or term deposit certificate
- Other documents on incomes and expenses of family or business
Note:
- KB PRASAC reserves the right to change terms and conditions with prior notice to the client as required by law.
- Other terms and conditions apply.