"Without a steady income, you won't get a bank loan." []
"No credit history, no one will lend to you." []
Such complaints are common on social media—no bank statements, no pay slips, or never having borrowed from banks before makes getting a loan difficult. However, in an era where "data for credit assessment" is more diverse, options have expanded. Recently, the Ministry of Finance launched the “AI Whisper Loan,” which uses sales data to increase loan opportunities. Let's explore the details.
To borrow from a bank, lenders look at income, often evidenced by pay slips or tax documents. Another crucial factor is credit information, revealing borrowers' loan usage history and payment behavior.
Data from the NCB, or [] National Credit Bureau Company Limited, [] has revealed that Thailand has 39.18 million working-age people aged 20-60. However, only 23.5 million (60%) have credit information in the system. This means over 40% of Thais lack a financial identity in credit data, losing credibility and facing borrowing limitations.
Those without a financial identity may include market vendors and small entrepreneurs. The government has sought new solutions using technology to enable all groups to access financial services. One such solution is the “AI Whisper Loan,” which uses actual sales data in loan applications to financial institutions within the project.
Dr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, [] explained that many entrepreneurs use the Thung Ngern app to manage income from programs like Thai Chuey Thai Plus and Khon La Khrueng Plus. The app includes an “AI Whisper” feature that analyzes sales data, income trends, and more to assist business planning—such as identifying strong Monday sales to stock more products accordingly.
Recently, the ministry expanded this into the AI Whisper Loan project, allowing vendors to use actual sales reports as data for banks to assess loans. Two main banks participate: Krungthai Bank and Government Savings Bank. For those needing guarantees, the Small Industry Credit Guarantee Corporation (SICGC) offers supplementary services. (Loans under the AI Whisper Loan project also exist via BAAC, iBank, and SME D Bank but target specific entrepreneur groups per each bank’s mission.)
Currently, two main banks have released terms for the AI Whisper Loan. Thairath Money compares which products suit which vendors.
If you want loan amounts in the hundreds of thousands, choose Krungthai!
Krungthai Bank offers two loan programs for wholesalers, retailers, service providers, and online shops, with no loan application fees (no specified collateral conditions):
Program 1: Small SME Loan []
Condition: Vendors using AI Whisper on the Thung Ngern app []
Maximum loan amount: 3,000,000 baht per applicant []
Interest rate: Starting at 3.5% per year (fixed for first 2 years) []
Starting installment: Not specified []
Program 2: Ten Hundred Thousand Loan []
Condition: Vendors using the Thung Ngern app []
Maximum loan amount: 500,000 baht per applicant []
Interest rate: Starting at 11% per year []
Starting installment: 500 baht per month []
For small vendors needing no guarantor, Government Savings Bank is the choice!
Government Savings Bank offers the “GSB QR Maha Heng x Whisper” loan, approving based on sales history, QR payment history, behavioral data, and bank credit scoring. Benefits include no loan application fee.
Condition: Small entrepreneurs using the Thung Ngern app []
Maximum loan amount: 50,000 baht per applicant []
Interest rate: Fixed at 0.75% per month (9% per year) []
Highlight: No collateral required []
Starting installment: Not specified []
Some loan programs require guarantees, which entrepreneurs or vendors [] can obtain through the Small Industry Credit Guarantee Corporation (SICGC). [] Two main guarantee programs exist: 1. Nano Plus Guarantee, with guarantee limits from 5,000 to 50,000 baht per applicant and fees of 1-2.5% per year; 2. Credit Plus Guarantee, with limits from 10,000 baht up to 100 million baht per applicant and fees starting at 2.0% per year.
Each program may have specific details or conditions regarding interest and repayment. Interested parties can check details via the Thung Ngern app or contact banks directly. Always assess loan necessity beforehand, as all debt accrues interest continuously, requiring careful financial planning.
Note: As of 30 June 2026, over 640,000 shops on the Thung Ngern app use the “Whisper” feature. The Sales Insight feature has 440,000 active users, who average 2.2 daily views of sales data and 1.5 monthly views per shop.
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