navigate_nextMedianavigate_nextOur Newsnavigate_nextLow-Interest Loans for Small and Medium-Sized Enterprises in Priority Sectors
Low-Interest Loans for Small and Medium-Sized Enterprises in Priority Sectors
May 12, 2020
SME Co-Financing Scheme aims to provide low-interest loans to promote the development of small and medium-sized enterprises in various priority sectors such as manufacturing and handicrafts for serving local needs instead of importing or producing components to supply of large-scale companies etc.
Loan disbursement of SME Co-Financing Scheme/SCFS Scheme is limited to USD 4,000,000 or equivalent in KHR, which is an equal joint venture between SME Bank and ACLEDA Bank Plc.
Requirements to receive loan
- Businesses that are officially registered as SMEs in the Kingdom of Cambodia and are classified under Sub-Decree 124 on Tax Incentives for Small and Medium Enterprises in priority sectors.
- SMEs must operate in the following priority sectors:
- Food production and recycling.
- Manufacturing that produces local consumer goods, recycles and produces goods for tourism.
- Manufacturing that produces finished products or components to supply other products.
- Research and develop information technology.
- Enterprise located in the area of SME concentration and an enterprise that develops this area.
- Other requirements are applicable by ACLEDA Bank Plc.
Loan size, interest rate and loan period
- Loan size is up to USD 300,000 or equivalent in KHR for the purpose of investing capital.
- Loan size is up to USD 200,000 or equivalent in KHR for using as working capital.
- Interest rate of 7% per annum.
- Loan period is maximum 7 years.
For more information, please contact:
Mr. Soeng Phorn, SVP & Head of Credit Division
Tel: 015 800 679
Email: soeng.phorn@acledabank.com.kh
Mr. Sok Sovady, SVP & Head of Operations Division
Tel: 015 900 178
Email: sovady@acledabank.com.kh
Call Center (24/7)
Tel: 023 994 444 / 015 999 233
Email: inquiry@acledabank.com.kh