Friday
January 17
2025

Press Release: Symbiotics and VisionFund Strengthen Partnership With the Issuance of USD 10 Million Bond to Support Livelihoods of Marginalized Women in More Than 25 Countries

Symbiotics Investments has announced the successful issuance of a USD 10.05 million bond with a 36-month tenor. This initiative, in partnership with VisionFund (VF), the financial empowerment and livelihood arm of World Vision, will strengthen financing for VisionFund’s network of microfinance institutions. Notably, at least 33% of the funds raised through this bond will be allocated to microfinance institutions operating in sub-Saharan Africa. 

Photo courtesy of Pete Lewis/Department for International Development.

Source: VisionFund (link opens in a new window)

Categories
Finance
Tags
financial inclusion, impact bonds, microfinance, partnerships, poverty alleviation, scale