article / Febrero 17, 2017
Surviving Drought and Flooding
Alice and her husband, Sydney, have two daughters, Bennadett and Clemensia. They are part of the Mposa community in Machinga, Malawi. Their region suffered from a widespread drought, which destroyed the primary crops farmers planted for their livelihoods.
Recovery Loans from VisionFund have helped many families in the Mposa area rebuild their livelihoods after their maize crop failed twice due to drought and then floods.
Alice’s was one of them. She applied for a loan from VisionFund and invested it in growing vegetables, and later took another loan to purchase fertilizer and fuel for the communal pump that irrigates her vegetable garden. She was able to sell her vegetables at the local market to provide for her family’s needs. “If it wasn’t for the loan and these vegetables, I am sure that by today we would have sold our goats or split up the family in order to search for employment in the city,” said Sydney, who revealed that some households have adopted costly coping strategies such as withdrawing children from school and reducing food consumption which have long-term impact.
VisionFund has impacted 150 families in the Mposa region, by granting them loans to rebuild their livelihoods after their maize crop failed. Women use the income earned from growing vegetables to cover their daily needs, including their children’s school fees and health care costs.
article / Noviembre 1, 2016
Bright Lights in the Mountains
In central Sri Lanka, tucked away from the city, amidst rolling tea estates and misty mountains, a small shack gives shelter to an energetic, hardworking family.
press release / Agosto 2, 2017
VisionFund Presents its New President & CEO
Announcement of VisionFund International President and Chief Executive Officer Michael Mithika to lead World Vision’s Microfinance Subsidiary
article / Mayo 11, 2017
A Hand Up
Often we refer to microfinance as the offering of a ‘hand up, not a hand out’, a principle that tends to resonate with our supporters who look for a sustainable way to help people living in impoverished circumstances.
article / Junio 18, 2020
COVID-19 Impact Study on Uganda Refugee Saving Groups
Microfinance provider VisionFund Uganda conducted a survey of refugees community savings group members to understand how COVID-19 impacted rural livelihoods.
article / Marzo 11, 2016
My ‘One Day’ With Mbayta
Have you ever had one of those days that is so memorable you know you’ll recall it for life?