Micro-credit

In addition to housing and land loans provided through the Baan Mankong program, CODI enable communities to borrow for community projects, business development, emergencies and environmental projects.

Loans for such projects are administered in one of two ways. First, communities can borrow directly from CODI for specific projects if the government has appropriated funds for that purpose. Otherwise, the community organization can chose to on-lend its funds to community members at a rate of 6-7% for personal projects. By doing this, community members can access credit at a very reasonable rate, and community organizations can earn a profit that they can use for future activities or welfare support.

Since its inception, CODI has lent 4,851 million THB to 655 communities.