article / October 8, 2020
VisionFund Africa's response to COVID
Written by Ljiljana Spasojevic, Regional Head Africa for VisionFund International
publication / August 31, 2022
Fair Practice Code | VisionFund India
The Reserve Bank of India (RBI) had issued various guidelines on Fair Practices Code (FPC) for Non-Banking Financial Companies (NBFCs) thereby setting standards for fair business and corporate practices while dealing with their customers.
article / February 3, 2020
Expanding our Cashbox: Piloting Savings Group Linkage
VisionFund shares the impact of its microfinance insitutions' pilot program of Savings Group Linkage Loans to empower community savings groups in Africa.
press release / December 17, 2015
FMO Supports Inclusive Finance in Africa
The Dutch development bank, FMO, provided a five year loan for USD 10 million from the MASSIF fund to global microfinance organisation VisionFund International (VFI).
article / February 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 / November 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 / August 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