CREDIT PRODUCTS - INDIVIDUAL CUSTOMER LOAN

1. AGRICULTURAL PRODUCTION LOAN:

Targeted customer:

Individuals who are in need of capital for implementing agricultural production plan.

Loan objective:
 

- Farming (cultivating rice, corn, vegetables and bull): to satisfy the purchase of seeds, agricultural materials, plough machines, combined harvesters, the cost for soil improvement and so forth.

- Breeding (pigs, cows, catfish, pacific dory, snakehead, shrimp, tortoise and so forth):to satisfy the purchase of stock, food, the construction of breeding facilities, the cost for pond renovation, the labor cost and so forth.

Loan limit: to satisfy capital demand of the plan but not exceeding the value of secured properties.
 

Loan Term: depending on loan request’s agricultural production plan, the loan term might be either a short term of 12 month downward or medium one of 12 to 36 month.
 

Mode of repayment: term-end or periodic term depending on the harvest season.

 

Secured properties: the right of using farm-land/residing land certificate or other customer’s or his/her guarantor’s valuable properties.

 

 

2. PRODUCTION - BUSINESS - SERVICE & TRADING LOAN:
Loan Objective: to satisfy the customer’s operating capital supplement, workshops and factories enlargement, additional equipments procurement

Secured properties: The right of using farm-land/residing land certificate, house ownership certificate

Loan term: not exceeding 36 months.

Mode of Repayment: Flexible installment repayment(monthly, quarterly) on a periodic term/ term-end.

3. INSTALLMENT REPAYMENT LOAN:
3.1 Market and community accumulative fund loan:

Loan objective: to satisfy the customer’s operating capital supplement of small shopkeepers, venders trading at streets and markets.

Secured properties: not applicable

Loan term: not exceeding 12 months. 

Mode of Repayment: Installment repayment(daily, weekly, biweekly, monthly).

 

3.2 Consumption Loan:

Loan objective: to satisfy the customer’s need who are doctors, officials… to purchase home appliances and instruments

Secured properties: not applicable

Loan term: not exceeding 36 months. 

Mode of Repayment: Monthly Installment repayment.

 

3.3 Means of transportation Loan:

Loan objective: to satisfy the customer’s need in purchasing motorbikes, cars, trucks.

Secured properties: collaterals derived from the loan, the right of using farm-land/residing land certificate, house ownership certificate.

Loan term: not exceeding 36 months. 

Mode of Repayment:  Monthly installment repayment.

 

 

4. COLLATERAL VALUABLE PAPERS LOAN:

Loan objective: to meet customer’s need of consumption, or capital supplement

Secured properties: share certificate, bond, passbook…

Loan term: not exceeding 12 months.

Mode of Repayment: on deadline.