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MFI Websites
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"More and more Christian organisations are reaching out across the world to help people regardless of their faith.... In 2006 alone, World Vision and its more than four and half million American supporters made more than 440,000 microcredit loans and more than $200 million in food grants." Bill Clinton, Giving: How Each of Us Can Change the World
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Our vision for every child, life in all its fullness;
Our prayer for every heart, the will to make it so.
VisionFund is the microfinance subsidiary of World Vision. In 1993, World Vision International (WVI) began to implement microfinance programming to benefit the economically active poor. In 2003, WVI recognized the importance and complexity of this ministry through its MFIs, and created VisionFund International (VFI) as a wholly-owned subsidiary of WVI. VFI is mandated by WVI to:
1. Provide governance, risk management control and specialty advice/support to all of its MFIs whether owned or controlled by VisionFund or WVI.
2. Manage the funding of all MFIs including donations and debt financing from VFI & third parties directly to the MFIs.
The work of World Vision and VFI is closely integrated as a holistic package. In fact, this holistic ministry is VFI’s unique strength as a provider of microfinance. World Vision’s ongoing work, especially in development, helps communities provide such things as education, health, water/sanitation, and food security. VFI focuses most of its micro-lending, along with support and training, in areas where World Vision has ongoing Area Development Programs. The development work done by WVI creates the framework where microenterprise can flourish. Then, in essence, VFI provides the economic engine that helps these communities and families overcome poverty.
Like WVI, VFI is an independent Christian non-profit organisation. As part of the World Vision partnership, VFI serves people in need regardless of race, religion, gender or ethnicity. As a team, the two organisations, VFI and WVI, couple sound financial principles and management with transformational development interventions.
Currently in FY10, throughout the World Vision partnership, VisionFund-affiliated microfinance institutions have an overall portfolio of US$373 million with more than 626,000 clients in 42 countries with a loan repayment rate of 98%. In addition, last year over 2 million children were positively impacted.
Our Mission
VisionFund provides financial services to the families and communities where World Vision works.
A Solid Foundation
Founded in 1950, World Vision is a Christian humanitarian organisation serving children, their families and communities in conditions of poverty in 98 countries, primarily through programs of transformational development, disaster management and promotion of justice. World Vision’s generous donors gave over US$2.2 billion in fiscal year 2009. As a result, over 35,000 World Vision employees offered physical, social, emotional, and spiritual support to approximately 100 million people.
Who we serve
We help transform the lives of the world’s poorest children and families. We are committed to providing access to financial services to the poor regardless of their religious beliefs, gender or ethnic background.
Why we serve
We are a Christian humanitarian company with the goal to move clients and communities out of poverty through microfinance. Our ultimate goal is to transform the lives of the poor and oppressed through the loans we provide.
How we serve
Using three loan methods, we provide the poor with financial choices at reasonable interest rates.
Through our work, a family is able to accumulate assets and build up their small businesses one step at a time. Our aim is to provide the necessary training and resources for each family to maintain the provision of food for their children, create savings for emergency needs, afford medical care for their family, build up their businesses and send their children to school.
As their financial prospects grow, families will have more options and can even access more advanced credit markets through VisionFund.
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