12.07.2015 Views

Vision Fund

Vision Fund

Vision Fund

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SOCIAL IMPACTprevention, child’s rights, gender equity and othersocial issues.In partnering with UNIAP, <strong>Vision</strong><strong>Fund</strong> Cambodiaprinted and distributed 60,000 copies of comic booksto clients in 2011. In late 2012, WVC approached usfor the printing and distributing of 13,500 copies of thecomic books to their Agriculture Cooperatives, targetfamilies and communities. The book was designed witha specific focus on financial education, featuring thebenefits of saving, the consequences of taking loanslarger than the repayment capacity, the consequencesof using a land title deed for multiple loans and takingloans for others.SAFETY NET FOR THE POORin Pursat, Battambang and Siem Reap. Clients whopurchase this insurance will receive such coverageas surgery, in-patient treatment, and other accidentrelatedtreatments.<strong>Vision</strong><strong>Fund</strong> Cambodia’s clients enjoy a safety netfor financial peace of mind as they and their familymembers are entitled to a form of credit life insurancewith funeral allowance as additional benefits packagedin cooperation with our affiliate, World <strong>Vision</strong>Cambodia.In 2012, benefits worth US$114,395 were paid outto beneficiaries of 758 deceased clients and clients’deceased spouses and children. About 157,681 clientshave currently been covered with such additionalbenefits. The benefits have been used to pay off debtsand cover funeral cost, thereby reducing the financialburden for poor <strong>Vision</strong><strong>Fund</strong> Cambodia clients ortheir families who normally rely on their neighbors’donations, savings and asset liquidation.Also in late 2012, <strong>Vision</strong><strong>Fund</strong> Cambodia partneredwith PKMI (Prevoir Kampuchea Micro life InsurancePlc), a French affiliate insurance company, to pilotmicro health and disability insurance for clients38 VISIONFUND CAMBODIA ANNUAL REPORT 2012

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