frida

The Power of Microfinance

Frida a single mother of five (three girls and two boys) and a commercial farmer, growing maize, beans, and bananas amongst others at a medium scale. Through a struggle to make ends meet, Frida was introduced to VisionFund Uganda by one of the village agents of World Vision way back in 2017. With a need to grow her agriculture activities, she joined the mostly-female Kyamuganguzi Savings Group of 15 members where each member applied for a particular loan amount.

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Uganda

51,755

Active Clients

60%

% Female Clients

203,964

Children Impacted

53,853

Jobs Impacted

$8,022,350

Outstanding Portfolio

576

Average First Loan

VisionFund Uganda is a Christian owner-operated mission-driven microfinance network working with caregivers in hard to reach, impoverished locations so they can create secure futures for their children. Inspired by Christian values, we are dedicated to working with the most vulnerable families and communities regardless of religion, race, ethnicity gender, to create lasting change in their lives.

VisionFund serves low income clients living in vulnerable and rural communities by offering financial and livelihood solutions, delivered through our Network, World Vision and partners; empowering families to create income and jobs; and unlocking economic potential for communities to thrive. The products and services offered fall into five broad categories: microloans, savings programmes, microinsurance, training and education. Benefits include sustainable livelihoods, increased economic well-being, improved community well-being, decreased dependence on outside aid and restoration of hope and dignity. 

Together with World Vision, we are focused on ending extreme poverty by 2030.

Kampala

Capital City

42.7 million

Population, total

32.9 billion

GDP (current US$)