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Cambodia

SMALL LOANS HAVE A BIG IMPACT

CAMBODIANS WANT TO SEND THEIR CHILDREN TO SCHOOL. THEY WANT THEM TO REACH THEIR FULL POTENTIAL AND GET THE JOBS THEY DESERVE. THROUGH SMALL LOANS AND OTHER FINANCIAL SERVICES, CAMBODIANS CAN SUPPORT THEIR FAMILIES AND KEEP THEIR CHILDREN IN SCHOOL FOR LONGER.

Many of Cambodia’s poor are determined to solve their own problems. They are hardworking and resourceful, but without access to capital, can only generate enough income to live day to day.  Our financial services help families generate a little more income so they can begin to bring themselves out of poverty.

Since beginning operation in 2001, we have helped hundreds of thousands of Cambodians start or grow their businesses. We work in partnership with World Vision and our financial services complement and further their aims to reach out to those living in poverty. Our combined efforts help Cambodia’s working class improve their lives; their children’s future and the communities they live in.

 

Working in Cambodia

During the last 35 years, Cambodia has been plagued by civil wars and changes in political leadership. This has affected all areas of the country’s social and economic infrastructure, including that of the
banking industry.

Most Cambodian families live on a subsistence level. They lack the cash flow to meet their basic needs of healthcare, children's education and adequate food. In Cambodia, women are the head of one in four households. And they are usually responsible for at least two children.

Vulnerability in financial emergencies is a core aspect of poverty. These families are particularly at risk because the women have little or no formal education, and no land or productive assets.

Current estimates show that only 20-30% of the population have access to financial services. Our work in Cambodia is therefore critical.

Awards and Ratings

RATERS

    • VisionFund Cambodia was conferred with S.T.A.R ( Socially Transparent and Responsible) Award from MIX, 2013.
    • VisionFund was honored with a Seal of Pricing Transparency award the prestigious international NGO, MFTransparency, 2013.

    • 5 Diamonds Rating from MIX in recognition of excellent in information disclosure,2012.

    • Microfinanza: BBB+ Credit Rating for Financial Performance, 2012.
    • Planet: Received Social Performance Management Rating of 4 minus (2009, 2011)

THE WORLD BANK, CGAP, MIX, Oikocredit

    •  Award of outstanding achievement in Social Performance, out reach and Inclusion from Oikocredit,2013.

    • ESG ( Environment, Social and Governance) Award from Oikcredit,2013.
    • Platinum Award from MIX in recognition of high transparency and commitment to achieve its social mission with evident of driving social change, 2011.
    • Financial Transparency Award from CGAP, World Bank
    • Ranked 51st on MIX Global 100 Composite Ranking (2009) on Outreach, Efficiency, Transparency
    • 2010 MIX Gold Award on Social Performance Reporting
    • Silver award on Social Performance (CGAP-2006)
    • 2011 MIX Platinum Award for Social Indicator Reporting

Future Innovation

We strive to provide first class financial services to some of the poorest communities in Cambodia. We are enthusiastic about our new initiatives and programmes which include:

• A mobile banking project. 

• Additional scholarships to children of successful clients.

• Increasing impact and services to the most disadvantaged clients, e.g. HIV/AIDS, child labour families, the disabled and victims of natural disasters.

Client Success Story

Met Makara is one of 10 siblings and has spent most of his childhood helping out with family chores.

When his parents took out three consecutive loans to grow rice, Makara was given a three-year scholarship from VisionFund which helps pay for his school materials.

This means Makara’s parents have extra funds to look after their children, and Makara can work towards his dream of going to university.

    Management Details

    Management Team

     Chee Chin Hoe

    CHIEF EXECUTIVE OFFICER
      

     Top Sok Samphea

     CHIEF OPERATING OFFICER
     


     John Wesley Jordan

     CHIEF FINANCIAL OFFICER
     

     Preap Piseth

     SENIOR OPERATIONS MANAGER
         

     Khuon Sophorth

    GROUP HEAD, IT & MARKETING
     

     Phon Sampha

     

    GROUP HEAD, CORPORATE STRATEGY & ORGANIZATIONAL DEVELOPMENT

     

    Board of Director

    Jason Evans

    BOARD CHAIRMAN WVC NATIONAL DIRECTOR
      

      Chee Chin Hoe

    BOARD MEMBER AND CHIEF EXECUTIVE
    OFFICER

     

         

    Jonathan Peter Hartley

    BA  (HONS), FCA, ACA, FAICD, BOARD
    MEMBER AND VFI DIRECTOR

     

     

    Michael Spingler

    VFI REGIONAL DIRECTOR, ASIA               (Based in BKK)

     

         

    Nop Vanthy

    BOARD MEMBER, AND SENIOR MANAGER 
    OF ADVOCACY
    WORLD VISION CAMBODIA

     

     

    Cheong Chin Kuan

    BOARD MEMBER, AND SENIOR
    REGIONAL MANAGER AT ALLIANCE
    BANK MALAYSIA BHD
         

    CHRIS BRYAN

    BOARD MEMBER (Based in New Zealand)

     

     

    Fiona Whyte

    BOARD MEMBER (Based in New Zealand)

     

     

         

    Kevin Lowe

    BOARD MEMBER (Based in Cambodia)

     

       

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