Vision Fund
Vision Fund
Vision Fund
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SAVINGS<strong>Vision</strong><strong>Fund</strong> Cambodia was grantedMDI (Microfinance Deposit Taking)license from the National Bank ofCambodia in February 2011. Soon afterthe license was officially grantedin April 2011, <strong>Vision</strong><strong>Fund</strong> Cambodiabegan collecting deposits from thepublic.Currently, more than 500 customers are being servedwith approximately US$1.7 million in savings balance.The development of savings aims to reach bothsurplus income generators who are willing to help thecommunity through <strong>Vision</strong><strong>Fund</strong> Cambodia and to thepoor in case of emergency or unpredictable events.Social Investor Term Deposit was introduced to attractsocial investors who are willing to join <strong>Vision</strong><strong>Fund</strong> tohelp the poor community move out of poverty.INTER BRANCHMONEY TRANSFERIn response to the need of community, <strong>Vision</strong><strong>Fund</strong>Cambodia launched its Inter Branch money transfer(IBT) service in July 2010 as a supplementary financialservice to its credit service <strong>Vision</strong><strong>Fund</strong> Cambodia’sIBT service provides a safe and convenient servicewith affordable price across its branch networksin Cambodia. Through this facility, clients are ableto transfer money quickly to recipients in farawaylocations through the branches of <strong>Vision</strong><strong>Fund</strong>Cambodia.27VISIONFUND CAMBODIA ANNUAL REPORT 2012 27
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