Woman wearing mask sewing
Recovery Lending for Resilience

With our clients affected by COVID-19 and the long road to both health and economic healing, our recovery lending strength has never been more critical for VisionFund’s clients and microfinance institutions (MFIs). With the right microfinance products and careful situational analysis, clients, their families and MFIs can thrive in the recovery phase of this disaster.

2023
Our goal: 2.1million recovery loans to more than 700,000 people

VisionFund is taking an approach where we put our clients first, by launching the three-year, $55 million Recovery Lending for Resilience Program. Recovery loans help the vulnerable poor and keep them from falling into extreme poverty as they respond to the economic shocks stemming from disasters like COVID-19.

The World Bank estimates the COVID-19 pandemic could push an additional 88-115 million people into extreme poverty with the total number of people living in extreme poverty rising to as many as 150 million in 2021.

The Recovery Lending for Resilience program focuses on supporting the ongoing economic recovery of rural farmers and small businesses, urban microbusinesses, and savings groups. We are working towards recapitalizing savings group members who have depleted their savings and help them reignite farming and business activities to recover their livelihoods.

Whereas other MFI’s think post-disaster lending is risky, VisionFund has actually seen high rates of post-disaster loan repayment. Recovery loans are both ethical and a wise business initiative.

Together we have the chance to end extreme poverty. This is our chance to help millions of people - particularly women - recover from the economic impacts of disasters like COVID-19.

12

countries offering recovery lending

267,914

loans provided to support the recovery of livelihoods

78%

of recovery loan clients were women

2,197

Savings groups that received loans to restart businesses

754,870

Children impacted by recovery lending
loan officer and grocery client

Our Approach

VisionFund believes that, with the right microfinance product and careful situational analysis, both families and MFIs can thrive in the recovery phase of a disaster.

By restructuring old loans, distributing new loans, and helping clients develop new business plans, VisionFund is changing the traditional microfinance mindset by proactively making new loans during times of crisis. Such loans in the market mean more families can begin rebuilding their lives with the finances they need, while keeping VisionFund’s microfinance institutions strong.

In previous disaster responses, we have even seen higher levels of loan repayments from those recovering from crises. Loyalty and trust are built as we stand with clients amidst their storms. We see new markets established through more disaster-resilient small enterprises.

woman selling produce to another woman

Loans

Recovery Lending for Resilience

The recovery lending approach financially empowers individuals and groups to restore livelihoods, markets and value chains by providing meaningful amounts of finance to restore an economic activity; or diversify to a new one if needed.

Refugee group moyo1

Savings Group Loans

Recovery Lending for Resilience

Savings Groups - informal community groups where members accumulate and convert small amounts of cash into savings - are a focus for VisionFund's Recovery Lending for Resilience program, where loans to the savings group's cashbox are changing the lives of its members.

Man holding cell phone in Kenya

Digitisation

Recovery Lending for Resilience

To reduce face-to-face meetings, reliance on cash and lending costs, the Recovery Lending for Resilience program is accelerating our ongoing investment in digital and mobile technologies.

Woman with arms crossed in her store.

Empowered Worldview

Recovery lending for Resilience

The Empowered Worldview model will train our staff and clients to promote a shift in mindset - from dependency to empowerment and resiliency.

Meet Marie

COVID-19 threatens to reverse the progress VisionFund's clients have made over the years. VisionFund is ready to respond with recovery lending, helping clients rebuild their businesses and communities on their journey out of poverty. 

VisionFund is World Vision’s financial services provider offering small loans, savings and insurance to people like Marie who could lose everything because of COVID-19. 

This is Marie's story.

Explore the Power of Your Donation to Recovery Lending

Every gift is leveraged 2.75 times by borrowing from institutional lenders.
 

Today

Amount Leant icon
Amount Lent
2,664
Loans Provided icon
Loans Provided
6
Children Impacted icon
Children Impacted
29
Jobs Impacted icon
Jobs Impacted
8

1 year

Amount Leant icon
Amount Lent
4,884
Loans Provided icon
Loans Provided
11
Children Impacted icon
Children Impacted
55
Jobs Impacted icon
Jobs Impacted
15

5 year

Amount Leant icon
Amount Lent
16,872
Loans Provided icon
Loans Provided
38
Children Impacted icon
Children Impacted
107
Jobs Impacted icon
Jobs Impacted
29

10 year

Amount Leant icon
Amount Lent
31,524
Loans Provided icon
Loans Provided
71
Children Impacted icon
Children Impacted
174
Jobs Impacted icon
Jobs Impacted
47

20 year

Amount Leant icon
Amount Lent
60,384
Loans Provided icon
Loans Provided
136
Children Impacted icon
Children Impacted
301
Jobs Impacted icon
Jobs Impacted
81