The Microfinance Institution (MFI) evolved from a small-credit program of World Vision International-Cambodia in the 1993 to a separate institution in 2003 as an affiliated member of VisionFund International’s (VFI) global microfinance network. VisionFund Cambodia received a microfinance license from the National Bank of Cambodia in 2004 and a permanent license in 2007.
AWARDS & RECOGNITION BY CGAP/MIX
In 2013, VisionFund Cambodia was granted a number of awards from both local and international rating agencies and independent institutions:
VisionFund Cambodia received the Outstanding Achievement in Social Performance and the Award for Outreach and Inclusion for reaching out to disadvantaged clients from Oikocredit, a leading global investor based in the Netherlands with a regional office in Southeast Asia.
VisionFund Cambodia was granted the Pricing Transparency Award 2013 from an international microfinance transparency organization for clear, accurate and comparable data of products and pricing transparency of the organization as a responsible MFI.
MIX S.T.A.R Award 2013: (Socially Transparent and Responsible) recognition for completing MIX’s social performance desk review process and successfully meeting all 2013 S.T.A.R requirements.
In 2013, VisionFund was given a 5 Diamond Rating by MIX for information disclosure and best-in-class practices and commitment.
In September 2014, VisionFund Cambodia was rated “A-” with a stable outlook by Planet Rating. The rating notes good institutional strength, along with the quality of its operations and management. Planet Rating, headquartered in Paris, is a specialized microfinance rating agency offering evaluation and rating services to microfinance institutions (MFIs).
VisionFund Cambodia has continuously gained recognition as one of VFI’s top performing microfinance institutions within the World Vision Partnership. VFI has a global network of microfinance institution in 35 countries.