Vision Fund

ABOUT USPRODUCTPROFILETHREE LENDINGMETHODOLOGIESVisionFund Cambodia served morethan 156,000 families with a loanportfolio of US$48 million as of 31December 2012. Loans are offeredusing three lending methodologies.1- Community BankThis loan provides financial services for poor microentrepreneurs,builds civil society and strengthenscommunity participation.Loan Size: KHR 80,000 to KHR1,400,000THB 8,001 to THB 14,000Term: 3 months to 12 months2- Solidarity GroupSolidarity group loans are intended to meet greatercustomer needs, maintain high retention rates andprovide portfolio growth for institutional sustainability.Loan Size: KHR 600,100 to KHR 4,000,000US$151 to US$1,000THB 6,001 to THB 40,000Term: 3 months to 24 months3- Individual LendingIndividual lending focuses on small and medium scaledentrepreneurs creating assets or who are in need ofworking capital.Loan Size: US$1,001 to US$10,000Term: 3 months to 30 monthsMOBILE MONEYTRANSFER SERVICEVisionFund Cambodia incorporatedmobile money transfer, with cashin/out service counters, into itsfinancial services in January 2009 inpartnership with WING Cambodia,then a subsidiary of Australia andNew Zealand Banking (ANZ) Group.The money transfer service made VisionFund the firstmicrofinance institution in Cambodia to deliver sucha service. Rural clients and unbanked residents arenow able to access financial services conveniently andat affordable cost. The easy access and conveniencein transaction encourages and stimulates savings.To subscribe to the mobile money transfer service,a client opens a WING account at any WING’sappointed agents. With the account, the client can send,save and receive money through their mobile phone.Transactions are cashed at WING’s Cash Expressagents nationwide and also at most of VisionFundCambodia counters.26 VISIONFUND CAMBODIA ANNUAL REPORT 2012