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Express Loan
Any loan offered in response to immediate financial needs for reinvestment or for personal or household consumption due to an emergency or unexpected events.
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| Lending Methodologies |
Community Bank
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| Loan Size |
KHR 80,000 - KHR 1,000,000 = USD 20 - USD 250
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| Loan Term |
3 - 6 months
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| Interest Rate |
All loans are provided with a competitive and reasonable interest rate.
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| Repayment Mode |
All loans are tailored to best meet the applicants’ business cycle and cashflow.
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| Client Eligibility |
Additional criteria for those who wish to apply for an Express Loan:
• Be one affected by natural disasters such as floods, droughts, storms, or fire, or personal accidents or illness
• Good character and background
• If already an existing client, have a history of meeting their repayment schedule and following all other loan obligations
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| Additional Benefits |
• Access to the Safety Net Program, which provides the following benefits:
- In case 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 amount for an individual loan
- In case of death of the client’s spouse: VisionFund will contribute some funds for the funeral.
- In case 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 scholarships up to grade 12.
• Opportunities to participate in financial education.
• Entitled to annual lucky draws.
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