The Cambodia Women Entrepreneurs Scheme (CWES) was initiated to provide financial support to women entrepreneurs in Cambodia with favorable conditions and affordable cost. Women entrepreneurs can use this scheme to expand their business or start a new business.
Features
Document Requirement
- Borrower and co-borrower’s identification documents such as National Identification Card (NID) or passport or other document issued by authority
- 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)
- Or relevant document based on the business sector (if applicable)identification
| Financing Size : | Up to USD 3,000,000 or KHR equivalent (For Processing and Manufacturing sector) |
| Purpose : | Capital Expenditure or Working Capital |
| Financing Term : | Up to 7 years for Working Capital or 12 years for Capital Expenditure |
| Currency : | KHR and USD |
| Interest Rate : | From 5.50% P.A (USD) | 5.25% P.A (KHR) From 5.00% P.A (USD) | 4.75% P.A (KHR) for Agriculture sector From 7.50% P.A (USD) | 7.25% P.A (KHR) for Normal sector |
| Collateral : | Up to 70% for Soft Title Deed or 80% for Hard Title Deed |
Eligibility
- SMEs owned by Women and established in Cambodia
- SMEs wholly owned or at least 51% owned by Cambodian
- Registered SMEs and SMEs in the priority sectors are encouraged
- Collateral such as land and building
Benefits
- Competitive interest rates
- Long-term financing
- Appropriate collateral requirements
- Increase business efficiency and productivity
