Cambodia Micro Enterprise Scheme (CMES) is an unsecured loan and was initiated to provide financial support to micro enterprise in Cambodia with favorable conditions and affordable cost.
Features
| Financing Size : | Up to 200 million Riels or 50,000 US Dollars |
| Purpose : | Capital Expenditure or Working Capital |
| Financing Term : | Up to 5 years for Working Capital or 7 years for Capital Expenditure |
| Currency : | KHR and USD |
| Interest Rate : | From 7.50% p.a for registered business and SMEs in priority sector and 8.50% p.a for non-registered business |
| Collateral : | No |
Document Requirement
- Borrower and Co-borrower’s identity document such as National Identification Card (NID) or passport or other document issued by authority
- No Title deed of the collateral
- Business registration related documents such as Business License, Patent, Certificate of Incorporate (if applicable)
- Income Statement (if applicable)
- Financial Statement (if applicable)
- Bank Statement (if applicable)
- or relevant document based on the business sector (if applicable)
Eligibility Criteria
- The applicant is required to have K-Score at least 1,000
- SMEs established in Cambodia
- SMEs are wholly owned or at least 51% owned by Cambodian
- Registered SMEs and SMEs in priority sectors are encouraged.
Benefits
- Competitive interest rates
- Long-term financing
- No collateral requirements
- Increase business efficiency and productivity
