Group Loan is, micro joint-liability credit and is designed to help rural poor people who have a specific purpose of using the loan to generate incomes. MAXIMA will provide loan amount up to $500 for working capital per member without any collateral. Prospective clients are encouraged to form joint-liability groups of 2-6 members among their community members with similar needs and apply for Group Loan.
|USD||$50 to $500||1.48% to 1.50% per month/
17.76% to 18% per year
|6 to 12 months|
You can get reasonable loan size as per your need and capacity, with very flexible loan term depending on business cycle
You can get very reasonable and competitive interest rate
You will enjoy very fast, convenient and trustworthy customer service and friendly staff
The interest amount is calculated based on the actual principal amount
Free delivery (door to door service)
Payment can be settled by Khmer Riel
Age: 18 to 65 years old
Have ID card, family book or residential book
2 to 6 members with a selected group leader.
Group members must take joint liability for repayment of loan,
Have capacity to pay back
Need representative of one village bank per village
The clients should be a permanent resident in which MAXIMA operates its service.
Agreement to borrow between borrower and family members.
Have two photograph size 4X6
Call 023 214 240
Or Contact directly with MAXIMA's staff
Or visit your nearest MAXIMA branch/service office