article / ဧပြီလ 15, 2020
Caring for our clients during COVID-19
By Johanna Ryan, Global Director of Impact, VisionFund International
article / ဖေဖေါ်ဝါရီလ 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 / မေလ 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 / ဇွန်လ 25, 2020
'Most Missing Middle' Celebrates 2 Years Since Launch
This Micro, Small and Medium Enterprises Day, VisionFund International is celebrating the milestones achieved in the second year of its “Most Missing Middle” (MMM) program in Ghana and Myanmar.