Loan for Community's Financial Organization
Loan for Community's Financial Organization

To stabilize your community, KTB offers loan for Loan for Community's Financial Institute to create employment and increase cash flow in your community

Service Features

We support and offer loans for community financial organizations who have good management and high potential to use as working capital for investment and income earning etc., reflecting life quality of public and improving Thai economy and society

Community financial organization is defined as a group or network of community, both registered and unregistered as a company, who provide financial service for its members such as saving co-operatives, Satcha saving co-op and Satcha current saving co-op including group of savings for manufacturing. Such organizations has to meet potential set by the bank

Applicants’ Qualifications
  • Being financial organization with at least of three years of establishment
  • Being ever participated in the latency improvement program or meets the required standards as suggested by the responsible government organization
  • Being registered in governmental organizations such as The Cooperative Promotion Department, The Community Organizations Development Institute (CODI) or The Community Development Department
  • Having respectable leader who is in such position of more than two terms
  • Having accurate financial statement
  • Not being community’s fund and metropolitan area
  • Not being insolvent or performing NPL with other financial institution
Service Terms/Conditions
  • Loan Amount
    Considering by necessity and payment ability of such financial organization
  • Securities
    The committee of such financial organization, who is not a loanee, will be bondsmen including other securities as required by the bank
  • Loan Terms and Installment
      Loan Terms
    • In case of Term Loan, loan term will not exceed one year. If there is overdue payment or a request to renew a contract, loan authorized person will be responsible for such consideration
    • In case of Loan for investment, loan term will not exceed three years with principal and interest payment under specific conditions and appropriate grace period, but not exceeding one year
      Installment
    • Collected principal and interest monthly
Required Documents
  • A copy of the community network’s meetings memo (committee and members) with a resolution of committee appointment
  • A copy of the community network’s meetings memo (committee and members) with a resolution for applying the loan identifying the name of the loanees and bondsmen
  • A copy of applicable rules of the financial organization
  • Other documents as requested by the bank
Interests Rate and Fee

MRR to MRR + 4 per year

For more information, please contact