article / October 2, 2019
Sewing a New Future
The curvy elevated road led us to the extreme top of a mountain. As we climbed up, I could see the bigger hills I saw from the valley, getting smaller.
press release / November 12, 2013
Quick Quick Banking
VisionFund is the latest microfinance organisation to join the cashless banking market. Its clients in Arusha, Tanzania can now receive and pay loans direct from their mobile phones through a the recently developed programme known locally as VFT chap chap (meaning quick quick).
article / October 7, 2019
Planting Flowers for a Brighter Future
Daw Thin Thin Aye (36 years old) is a seasonal flower planter who lives in Hmawbi Township, about three hours away from Myanmar’s capital city Yangon. Their cottage lies in the middle of a two acre&nbsp
article / October 11, 2018
Inclusive Business in Myanmar
Inclusive Business (IB) is a new and appealing concept to Myanmar.
article / January 11, 2019
Exploring the Way Forward For Mission-Led Development Forum
Johanna Ryan, VisionFund’s Global Director of Impact participated in the 2018 OneA
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.