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Small Business Loan
Any loan used for working capital, assets, and other businesses inputs or for income-generating activities that earn income on a daily, weekly, fortnightly, or monthly basis, e.g. greengrocer’s, grocer’s, Chinese noodle eatery, coffee shop, food shop, 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
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| Loan Term |
3 - 24 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 cash flow.
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| Client Eligibility |
General requirements for loans:
- Age of majority
- Good character and background, determined through reference checks
- Existing legal businesses or income-generating activities (formal or informal)
- Residence at a permanent address
- Consent from spouse or household members to access the loan
- Realistic and profitable business plan
- Ability to share the investment, either in operating their business or by sharing ownership of the assets purchased with the applied loan
- Ability to form group guarantee in case of taking loans in the form of a community bank
- Ability to provide guarantor(s) with collateral sufficient to guarantee payback of the loan amount
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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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