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Agriculture Loan
A loan to finance business expenditures, or assets of agricultural businesses or activities that generate seasonal income such as pig raising, vegetable growing, and rice farming etc.
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| Lending Methodologies |
Community Bank, Solidarity Group, or Individual
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| Loan Size |
KHR 80,000 - KHR 4,000,000 , USD 20 - USD 10,000 or THB 800-40,000
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| Loan Term |
3 - 30 months
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| Interest Rate |
All loans are provided at a competitive and reasonable interest rate.
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| Repayment Mode |
All loans are tailored to perfectly meet the applicants’ business cycles and cash flow
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| Client Eligibility |
General requirements for loans:
- Age of majority
- Good character and sound credit background, determined through reference checks
- Existing legal businesses or income-generating activities (formal or informal)
- A permanent residence address (At least one year within the current address)
- Consent from spouse or household members to access the loan
- Realistic and profitable business plan
- Ability to share the investment, either by being an owner-operated business or by sharing ownership of the assets purchased with the applied loan
- Ability to form group guarantee in case where loan is taken in the form of a community bank
- Ability to provide guarantor(s) with sufficient collateral to cover repayment of the loan amount
- Repayment Coverage ratio of at least 1.3
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| Additional Benefits |
Access to the Safety Net Program, which provides the following benefits:
- In the event of death of the client, VisionFund will contribute some funds for the funeral and write off 100% of the client’s outstanding loan amount for community bank loans or solidarity group lending, and 60% of the client’s outstanding loan for an individual loan.
- In the event of death of the client’s spouse, VisionFund will contribute some funds for the funeral.
- In the event of death of the client’s registered children, VisionFund will contribute some funds for the funeral.
- If chosen as best clients of the year, their children will be provided with education scholarship up to grade 12.
- Opportunities to participate in financial education.Be entitled to annual lucky draws.
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