Requirement:

• Be a majority aged 18 to 65 years old
• Permanent resident
• Have a legal business and regular income
• Have a good record and be reliable
• Have enough capacity to repay the lease
• ID card and family book, or resident book, or birth certificate
• Salary pay slips for employee (if clients’ income is from salary)
• Fiscal Financial Statement (if any).
• Agree to the lease term & conditions.

Fee:

Processing fee is charged from 1% - 1.5% per cycle. Insurance and administration fee is charged from USD 10 – USD 50 per month. 

Prohibited Activities of LOLC (Cambodia) Plc.

1. Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, including without limitation host country requirements related to environmental, health and safety and labor aspects.
2. Production or trade in weapons and munitions.
3. Production or trade in alcoholic beverages (excluding beer and wine).
4. Production or trade in tobacco.
5. Gambling, casinos, and equivalent enterprises.
6. Trade in wildlife or wildlife products regulated under CITES.
7. Production or trade in radioactive materials.
8. Production or trade in or use of unbonded asbestos fibers.
9. Commercial logging operations or purchase of logging equipment for use in primary tropical moist forests.
10. Production or trade in pharmaceuticals subject to international phase outs or bans.
11. Production or trade in pesticides/herbicides subject to international phase outs or bans.
12. Drift net fishing in the marine environment using nets in excess of 2.5 km in length.
13. Production or activities involving harmful or exploitative forms of forced labor/harmful child labor.
14. Production or trade in products containing PCBs.
15. Production or trade in ozone-depleting substances subject to international phase-out.
16. Production or trade in wood or other forestry products from unmanaged forests.
17. Production, trade, storage, or transport of significant volumes of hazardous chemicals, or commercial-scale usage of hazardous chemicals.
18. Production or activities that impinge on the lands owned, or claimed under adjudication, by Indigenous Peoples, without full documented consent of such peoples.
19. Any business relating to pornography or prostitution.
20. Persistent Organic Pollutants (POPs).
21. Plantation projects that would require the removal of existing non-degraded natural forest.
22. Cross-border trade of waste, except those authorized by the Basle convention and its underlying regulations.
23. Production and distribution or participation in racist, anti-democratic media or media advocating discrimination of one part of a population.
24. Sectors with little linkage effects, high risks, and/or subject to speculation, e.g., Real Estate.
25. Production or services that cause recognized and serious damage to the natural environment and are forbidden under the laws of Cambodia for that reason.
26. Projects involving the construction of large dams that significantly and irreversibly impact the environment.
27. Projects in or impacting natural World Heritage Sites.
28. Projects in or impacting areas on the United Nations List of National Parks and Protected Areas.
29. Extraction or infrastructure projects in or impacting protected area Categories I, II, III, and IV as defined by the International Union for the Conservation of Nature.
30. Activities that could cause Significant Environmental Harm.
31. Located in or sufficiently near sensitive locations of national or regional importance to have perceptible environmental impacts.
32. Giving or receiving gifts that could be interpreted as intending to influence business decisions.
33. Making political contributions, i.e., to political parties or candidates.
34. Abusing confidential or material, non-public information.
35. Financial or economic crime, including involvement in money laundering.
36. Giving or receiving gifts that could be interpreted as intending to influence business decisions.
37. Making political contributions, i.e., to political parties or candidates. 
38. Abusing confidential or material, non-public information. 
39. Financial or economic crime, including involvement in money laundering.
40. Illegal or deceitful recording and reporting of financial and/or tax information.
41. Business transactions where the price for goods or services is set artificially high or low.
42. Any equipment, sector, or service subject to economic sanctions issued by the United Nations, the European Union or France, without absolute or relative restriction regarding the amount.
43. Illicit trade or activities that facilitate the illicit traffic of cultural property.
44. Illicit activities involving organs, tissues and products of the human body, or genetic engineering activities banned by the national bioethical standards of France or of the host country, and by relevant applicable European or inter national standards.
45. Projects whose purpose and/or approach are inconsistent with human rights, and in the case of private sector financing, projects underpinned by rationales that clearly contradict the United Nations Guiding Principles on Business and Human Rights.
46. All fossil fuel power generation (below 500 tons included).

How to apply:

To apply for loan, client shall follow these simple steps:

• Talk to a LOLC staff in your area or at the nearest LOLC office or via call center 023 991 991.
• Request a specific lease amount and term based on your needs.
• Customer can also Apply loan here