Home Improvement Loan
MOHANOKOR Microfinance Institution Plc has developed Home Improvement Loan aimed to provide customers who wish to find a comfortable home for a happy family.
- You are able to get loan as KHR, USD and THB
- Interest rate 1.5%
- Loan size up to KHR 20,000,000 or $10,000.00 or 200,00THB
- Loan period from 03months to 60months
Benefits for customers
- Reasonable interest rate
- Easy conditions to apply loan and fast access loan
- Be flexible loan term and able to add loan
- You can apply loan across the provinces
- Repayment can be done at office, home and transfer agents
- Be a majority aged 18 to 65 years old
- Permanent resident
- Legal business and specific income sources
- Identification documents such as Identification card, Family book, Resident book, Passport or business identification document, etc.
- Respect the business laws of the Kingdom of Cambodia
How to Apply?
To get a group loan to meet your needs, you just follow these simple steps:
- Call 1800-20-6666 to ask for more information
- Appoint a staff of MOHANOKOR Microfinance Institution Plc or contact with the Village Credit Committee in your area.
- Apply for a loan by specifying the amount and term of a loan that it fitted to your needs.
- Agreed to provide the necessary documents required by the MOHANOKOR Microfinance Institution Plc.
- Agreed to loan terms and conditions
Credit Products Fee Charge:
- 1. Admin Fee 1%-8% per loan
- 2. Credit Fee 1%-1.5% per loan
- 3. Others Monthly Fee 0.5%-1.5%
- 4. Monthly Collecting Fee 0.5%-1% (Payment to Key Person)
- 5. The interest rate is based on the principal of loan balance
All credit products payment the customer would pay with MOHANOKOR’s office or transferring agency without fee charged.