Non-collateral small loan provider
- gentlesandah
- Tourist
- Posts: 11
- Joined: Thu Mar 09, 2023 12:46 pm
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- Location: Tuek Thla, Phnom Penh
Non-collateral small loan provider
Are there businesses which offer loans of less than 1000USD for short periods for expats who recently arrived in Phnom Penh?
I arrived in Cambodia two weeks ago. When I was preparing to come here, I was planned to stay at the type of accommodation where locals stay. My company arranged for me and a colleague at a nearby apartment. However, my colleague was sacked by the company and the apartment is asking for charges which I did not foresee. I have paid all the money that I have but it looks as if I need about 500USD which I can pay back in installments of three months. I earn a 1000+ salary and have the employment contract and staff ID. The company is currently applying for a six month business visa and a work permit. If there is any business I can contact please let me know.
I am also open to informal creditors. I can produce all the necessary documents if needed.
I arrived in Cambodia two weeks ago. When I was preparing to come here, I was planned to stay at the type of accommodation where locals stay. My company arranged for me and a colleague at a nearby apartment. However, my colleague was sacked by the company and the apartment is asking for charges which I did not foresee. I have paid all the money that I have but it looks as if I need about 500USD which I can pay back in installments of three months. I earn a 1000+ salary and have the employment contract and staff ID. The company is currently applying for a six month business visa and a work permit. If there is any business I can contact please let me know.
I am also open to informal creditors. I can produce all the necessary documents if needed.
Re: Non-collateral small loan provider
I doubt it. If you decide to dash to the border tomorrow for whatever reason, they would have no hope to get their money back.
Re: Non-collateral small loan provider
U can try this service.. https://komjey.com but i doubt they agree to loan any money to you
Re: Non-collateral small loan provider
If some Cambodian lends you this money it will be at a 50$ per day (or so) interest fee because it's considered high risk.gentlesandah wrote: ↑Tue Mar 14, 2023 5:22 pm Are there businesses which offer loans of less than 1000USD for short periods for expats who recently arrived in Phnom Penh?
I arrived in Cambodia two weeks ago. When I was preparing to come here, I was planned to stay at the type of accommodation where locals stay. My company arranged for me and a colleague at a nearby apartment. However, my colleague was sacked by the company and the apartment is asking for charges which I did not foresee. I have paid all the money that I have but it looks as if I need about 500USD which I can pay back in installments of three months. I earn a 1000+ salary and have the employment contract and staff ID. The company is currently applying for a six month business visa and a work permit. If there is any business I can contact please let me know.
I am also open to informal creditors. I can produce all the necessary documents if needed.
High risk 100$ local loans here typically cost 5$ a day.
Re: Non-collateral small loan provider
Is there any chance the school would advance your salary or percentage of it. I am assuming they are happy with your performance and it was only your colleague who was not up to scratch?
Re: Non-collateral small loan provider
"and the apartment is asking for charges which I did not foresee. "
What charges? Are you on the hook for the full rent now instead of splitting it with a roommate?
What charges? Are you on the hook for the full rent now instead of splitting it with a roommate?
Re: Non-collateral small loan provider
Duplicate
Last edited by RONEV on Tue Mar 14, 2023 7:02 pm, edited 1 time in total.
Re: Non-collateral small loan provider
oops
Last edited by RONEV on Tue Mar 14, 2023 7:02 pm, edited 1 time in total.
Re: Non-collateral small loan provider
You moved to a new job in a new country without $1000 in available cash reserves?
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