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Seasonal loan is a type of credit, which allows
the borrower to use loan in their animal raising,
storage, fishing, farming and/or agri-businesses
activities. Payments can be either Balloon (monthly
interest repayment and the balance of principal
payment at the end of a contract) or Semi-Balloon
(monthly interest repayment and the balance of principal
repayment based on cash flow analysis and mutual
agreement).
These loans are for any borrower whose activities
do not generate a steady monthly income due to their
seasonality but have a reliable and sustainable
source of income with strong collateral.
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Seasonal Loan Product Features
Loan
Product |
Payment
Site |
Payment
Term |
Payment
Mode |
Interest
Rate | Term | Loan
Size |
Seasonal Loan
in KHR
|
Business Site or TPC Branch
Office |
Balloon
(EOC)
Semi-Balloon (Semi-EOC)
|
Monthly interest repayment,
and the balance of principal prepayment at the
end of a contract.
Monthly interest repayment,
and the balance of principal repayment based
on cash flow analysis and mutual agreement.
|
2.75% - 3%
| 3
to 12 months | Up to KHR
20,000,000
|
Seasonal Loan
in US$
|
2% - 2.5% | Up to US$
5,000
|
As Of December
2010 |
