1. Group Loans
 TPC
has group loan products that utilize the village bank
methodology in lieu of collateral guarantees. These
are the: (1) Thaneakea Phum Loan (TPL) and (2) Solidarity
Group Loan (SGL):
Thaneakea Phum Loan (TPL)
The Thaneakea Phum Loan (TPL) is a community based
lending facility that uses the Village Bank (VB) as
the service delivery point. This product is designed
to service women to start income-generating activities
or to expand existing businesses. Traditionally women
have been found to have very limited access to credit.
The borrowers form a joint liability group composed
of three to seven women. While several groups still
make up the VB, groups can join, be trained and receive
loans at different times. Each group leader assumes
all the responsibilities pertaining to her group. There
are no organized meetings or compulsory savings. The
VB and Credit Agent (CA) decide on the day and specific
time to make payments at the village. The CA goes to
the village and the group leaders and clients come to
pay anytime within the agreed timeframe.
The TPL has two kinds of payment terms: End of Cycle
(EOC) and the Fixed Term.
TPL Product Features
Loan Product |
Payment Site |
Payment Term |
Payment Mode |
Interest Rate* |
Term |
Loan Size (in Riel) |
TPL
(Thaneakea Phum Loan)
A community based lending facility
that uses the Village Bank as the service delivery
point.
|
Business site
All payments are made at the business
site/collected at the village.
|
End of Cycle (EOC) |
Interest Monthly (28 and 30
days)
Principal at EOC
|
3.00% |
3 to 12 months |
Up to 1,000,000 Riel or 10,000
Baht |
Solidarity Group Loan(SGL)
The Solidarity Group Loan (SGL) is another product
option for groups. The main difference is that groups
choose to make their payments directly at the TPC branch
or satellite office. The loan product is for clients
that need larger loans and regularly travel to the markets
or businesses that surround TPC’s branch offices
thus making it easy for them to come and make their
payments.
The loan sizes of the SGL are typically higher. The
client usually needs to complete a business survey to
determine the appropriate loan size and repayment capacity
based on her business cash-flow.
SGL Product Features
Product |
Loan Payment Site |
Payment Term |
Payment Mode |
Interest Rate* |
Term |
Loan Size (Thai Baht) |
SGL
(Solidarity Group Loan)
A loan product designed to meet
the needs of our VB clients whose businesses are
growing and have demonstrated a need for larger
loans.
|
TPC Branch Office or Satellite
Office***
(All payments)
|
Fixed term |
Interest and Principal
Weekly, Biweekly, Monthly (28
and 30 days)
|
3.00% |
3 to 12 months |
Up to 2,000,000 Riel or Up
To 20,000 THB
|
2. Individual Loan
 The
Individual Loan Product (ILP) is intended for enterprising
individuals who require larger loans for their business.
The loan product target clients that have small to medium
size businesses requiring loan from five hundred thousand
to twenty million riels (500,000 to 20,000,000 riels).
IL Product Features
Loan Product |
Payment Site |
Payment Term |
Payment Mode |
Interest Rate* |
Term |
Loan Size |
ILP
Individual Loan Product
(In KHR and THB)
|
Business site or TPC Branch
Office |
Fixed Term |
Weekly, Biweekly, Monthly
(28 and 30 days) |
3.00% |
3 to 12 months |
Up to 20,000,000 Riel or up
to 200,000 Baht |
ILP Individual
Loan Product
(In US $)**
|
Business site
or TPC Branch Office |
Fixed Term |
Weekly, Biweekly,
Monthly (28 and 30 days) |
2.5 % |
3 to 12 months |
less than $1,500 |
2.0 % |
3 to 24 Months |
$1,500 to $5,000 |
|
