Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://visionfund.com.kh/ |
Year established | 2003 |
Head of Institution | Chee Chin Hoe |
Regions active | Phnom Penh |
# Branches | 69 |
Total Portfolio (nat'l) | KHR 123,204,000,000 |
Total Portfolio (USD) | USD 31,485,816.51 |
Active clients with loans | 109,402 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | VisionFund International, Banking With the Poor Network, Cambodia Microfinance Association |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan - Community Bank - USD | USD 20 - 350 | 3 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Agricultural Loan - Community Bank - KHR | KHR 80,000 - 1,400,000 | 3 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Agricultural Loan - Individual - USD | USD 1,001 - 10,000 | 3 - 24 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Agricultural Loan - Solidarity Group - USD | USD 251 - 1,000 | 3 - 18 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Agricultural Loan - Solidarity Group - KHR | KHR 1,000,100 - 4,000,000 | 3 - 18 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Non-Business Loan - Individual - USD | USD 1,001 - 10,000 | 3 - 24 | 80% - 100% | 0% - 20% | Consumer | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Non-Business Loan - Solidarity Group - USD | USD 251 - 1,000 | 3 - 18 | 80% - 100% | 0% - 20% | Consumer | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Small Business Loan - Community Bank - KHR | KHR 80,000 - 1,400,000 | 3 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Small Business Loan - Individual - USD | USD 1,001 - 10,000 | 3 - 24 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Small Business Loan - Solidarity Group - USD | USD 251 - 1,000 | 3 - 18 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Small Business Loan - Solidarity Group - KHR | KHR 1,000,100 - 4,000,000 | 3 - 18 | 80% - 100% | 0% - 20% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Non-Business Loan - Community Bank - KHR | KHR 80,000 - 1,400,000 | 3 - 12 | 0% | 0% | Consumer | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Asset Creation Loan - Community Bank - USD | USD 20 - 350 | 3 - 12 | 0% | 0% | Consumer | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Non-Business Loan - Solidarity Group - KHR | KHR 1,000,100 - 4,000,000 | 3 - 18 | 80% - 100% | 0% - 20% | Consumer | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Express Loan - Community Bank - KHR | KHR 80,000 - 1,000,000 | 3 - 6 | 80% - 100% | 0% - 20% | Other | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
Small Business Loan - Community Bank - USD | USD 20 - 350 | 3 - 12 | 0% | 0% | Business | Women, Men, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan - Community Bank - USD | 34.2%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 34.5% - 35.8% | 34.5% - 35.8% | 97 | ||||||||
Agricultural Loan - Community Bank - KHR | 36.0%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 36% - 36.1% | 36% - 36.1% | 99 | ||||||||
Agricultural Loan - Individual - USD | 21.6%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 22.8% - 32.5% | 22.8% - 32.5% | 85 | ||||||||
Agricultural Loan - Solidarity Group - USD | 33.6%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 36.2% - 36.6% | 36.2% - 36.6% | 92 | ||||||||
Agricultural Loan - Solidarity Group - KHR | 35.4%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 35.2% - 35.5% | 35.3% - 35.5% | 100 | ||||||||
Non-Business Loan - Individual - USD | 21.6%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 22.8% - 32.5% | 22.8% - 32.5% | 85 | ||||||||
Non-Business Loan - Solidarity Group - USD | 33.6%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 33.7% - 36.3% | 33.7% - 36.3% | 97 | ||||||||
Small Business Loan - Community Bank - KHR | 36.0%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 35.8% - 36.1% | 35.8% - 36.1% | 100 | ||||||||
Small Business Loan - Individual - USD | 21.6%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 22.9% - 31.4% | 22.9% - 31.4% | 86 | ||||||||
Small Business Loan - Solidarity Group - USD | 33.6%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 29.9% - 34.1% | 29.9% - 34.1% | 100 | ||||||||
Small Business Loan - Solidarity Group - KHR | 35.4%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 35.3% - 35.7% | 35.3% - 35.7% | 100 | ||||||||
Non-Business Loan - Community Bank - KHR | 36.0%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 35.8% - 36.1% | 35.8% - 36.1% | 100 | ||||||||
Asset Creation Loan - Community Bank - USD | 34.2%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 34.9% - 36.5% | 34.9% - 36.5% | 95 | ||||||||
Non-Business Loan - Solidarity Group - KHR | 35.4%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 35.2% - 35.5% | 35.3% - 35.5% | 100 | ||||||||
Express Loan - Community Bank - KHR | 31.2% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 31.5% | 31.5% | 98 | ||||||||
Small Business Loan - Community Bank - USD | 34.2%-42.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 36.1% - 37.4% | 36.1% - 37.4% | 93 |
Outstanding portfolio (GHS) | GHS 7,673,776 |
Portfolio (USD) | USD 3,895,317.77 |
Active Clients with Loans | 17,746 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | GHS |
Minimum loan size | GHS 500 |
Maximum loan size | 11,000 |
Shortest loan term | 1.0 month |
Longest loan term | 60.0 months |
Approx average | 36.0 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 28.00% |
Highest quoted nominal interest | 28.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | Fee 2 | ||
---|---|---|---|
Description | Loan Processing Fee | Commitment Fee | |
% of loan amount - min | 0 | 5.00% | |
% of loan amount - max | 0 | 5.00% | |
OR, Fixed amount - min | 3 | 0 | |
Fixed amount - max | 3 | 0 | |
Reason for variation | N/A | ||
Appears on Repayment Sched? | Yes | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | GHS 800 | GHS 1,300 | GHS 4,000 | GHS 4,000 | GHS 10,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2011-06-30 | 2011-05-20 | 2011-05-30 | 2011-05-30 | 2011-04-14 | ||||
Loan Term (Months) | 12.0 months | 12.0 months | 18.0 months | 18.0 months | 60.0 months | ||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | ||||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
True Price by Comp | |||||||||
Interest and Fee Component | 63.0% | 62.4% | 58.6% | 58.6% | 47.4% | ||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Full APR (int fee ins tax dep) | 63.0% | 62.4% | 58.6% | 58.6% | 47.4% | ||||
Transparency Index | 44 | 45 | 48 | 48 | 59 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Key Statistics | |
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# Products | |
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# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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