Seasonal Loans: LOLC Offers Large Loan Sizes with Low Interest Rates to Support Farmers Across Cambodia in Expanding Agricultural Businesses During the Rainy Season

Agriculture is a vital source of livelihood for many Cambodians, and the arrival of the rainy season is a crucial period for farmers to increase their yields, cultivate crops, and engage in other agricultural activities such as livestock farming, fishing, agribusiness, and other forms of agricultural production. In response to this, LOLC is pleased to introduce a loan service specifically tailored for Cambodian farmers: Seasonal loans. These loans are ideally suited for those seeking to enhance crop yields or expand agricultural activities in alignment with seasonal market demand, thereby increasing income potential.

LOLC’s Seasonal Loan offers additional capital of up to 120 million Riels under favorable terms, including:

  • Competitive Low Interest Rate: LOLC provides the most reasonable interest rates and flexible repayment terms.
  • Long-Term Loan Duration: The loan term and repayment schedule are designed to be flexible and long-term, accommodating the needs of farmers.
  • Fast Approval Process: LOLC ensures fast loan approval and provides convenient access to loans through 83 LOLC offices across Cambodia.
  • Convenient Repayment Options: Customers can conveniently make repayments at any nearby LOLC office or through authorized agents partnered with LOLC.

To apply for a loan, you may schedule a meeting with a LOLC staff member in your area or visit the nearest LOLC office. For further information, please contact 023 991 991, available daily from 6 a.m.

Publish date: May 28, 2024