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.
publication / September 16, 2016
Disaster-Resilient Microfinance - Typhoon Haiyan ADB Report
The following report sets out the experience, analysis and conclusions of VisionFund International and their Philippine microfinance operation Community Economic Ventures Incorporated (CEVI).
publication / November 5, 2020
VisionFund Myanmar: 60 Decibels Report
After performing more than 300 in-depth interviews with VisionFund Myanmar clients, the independent data-led social enterprise 60 Decibels published a new report comparing VisionFund’s financial inclusion practices with 52 other companies working with 60 Decibels’ Financial Inclusion
article / March 24, 2017
Creating Financial Solutions Specifically for Women
VisionFund International stresses the importance of tailoring microfinance services to women