VisionFund Cambodia

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Express-loan

Express Loan

This loan product is to ensure prompt response to clients’ financial needs in their personal life cycle which may be affected by any emergency or unexpected event in natural or personal disasters.

Lending Methodologies Community Bank
Loan Size KHR 80,000 - KHR 1,400,000,  USD 20 - USD 350 or THB 800 - THB 14,000
Loan Term 3 - 6 months
Interest Rate

2%

Repayment Mode

All loans are tailored to perfectly meet the applicants’ business cycles and cash flow with one month principal holiday.

Client Eligibility

* Requirement

  • Age between 18 to 65 years old.
  • A permanent resident at least one year within current address.
  • Good attitude and character.
  • Affected by either natural disaster such as flood, drought or personal dangers such as accident or sickness.
  • Legal and ethical business.
  • Consent from spouse or inheritor.
  • Repayment coverage ratio of at least 1.3.
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 client's disbursement less than or equal 1,000 USD, and 60% of the client’s outstanding loan amount for client's disbursement greater than 1,000 USD.
  • 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, one of their children will be provided with education scholarships up to grade 12.
  • Opportunities to participate in financial education.
  • Be entitled to annual lucky draws.
 
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