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Small Business Loan
A loan tailored to meet working capital needs, assets procurement, and other business requirements or activities that generate income on a daily, weekly, fortnightly, or monthly basis. The enterprises include greengrocer’s, grocer’s, Chinese noodle eatery, coffee shop, food shop and others.
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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 best meet the applicants’ business cycles and cash flow.
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| Client Eligibility |
General requirements for loans:
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Age of majority
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Good character and sound credit background, determined through reference checks
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Existing legal businesses or income-generating activities (formal or informal)
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A permanent residence address (At least one year within the current address)
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Consent from spouse or household members to access the loan
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Realistic and profitable business plan
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Ability to share the investment, either by being an owner-operated business or by sharing ownership of the assets purchased with the applied loan
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Ability to form group guarantee in case where loan is taken in the form of a community bank
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Ability to provide guarantor(s) with sufficient collateral to cover repayment of the loan amount
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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:
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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.
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In the event of death of the client’s spouse, VisionFund will contribute some funds for the funeral.
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In the event of death of the client’s registered children, VisionFund will contribute some funds for the funeral.
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If chosen as best clients of the year, their children will be provided with education scholarship up to grade 12.
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Opportunities to participate in financial education.
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Be entitled to annual lucky draws.
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