Friday
November 10
2023

Press Release: VisionFund Celebrates 20 Years of Financial Inclusion Through Microfinance

VisionFund International proudly commemorates two decades of dedicated service in championing financial inclusion and fostering rural economic growth, all while building brighter futures for children worldwide. Over the past 20 years, we have given over 20 million loans valued at over US $11.5 billion.

With an extensive presence across a global network of microfinance institutions spanning 25 countries, VisionFund, in close partnership with World Vision, has been steadfastly committed to empowering families who have limited access to formal financial services, particularly those residing in rural and underserved communities.

In the past fiscal year (FY 2022), VisionFund demonstrated its unwavering commitment by extending its support to one million clients, with a keen emphasis on women and rural agricultural-dependent families. Remarkably, nearly 660,000 women were beneficiaries of VisionFund’s comprehensive services, and over 4.7 million children realized benefits.

Today, VisionFund stands as one of the foremost Christian microfinance organizations with an unshakable dedication to driving social change. The organization’s multifaceted approach includes offering financial literacy programs, providing business development training, and spearheading innovative solutions such as recovery loans aimed at assisting families whose businesses have been adversely affected by the COVID-19 pandemic.

“For 20 years, VisionFund International has been a beacon of hope, promoting financial inclusion and brighter futures for children in some of the world’s most underserved communities. We are proud of our journey so far and committed to expanding our impact even further.” – Edgar Martinez, President & CEO of VisionFund International.

Jean Baptiste Kamate, Chief Field Operations Officer at World Vision International, extends his congratulations, saying, ” VisionFund has played an exceptional role in advancing economic sustainability within our communities, making the partnership with World Vision truly unique. We are promoting human transformation by equipping families with the means to change the trajectory of their lives—and that makes me incredibly proud.”

For media inquiries and further information, please contact: Miyon Kautz, Director of Marketing and Engagement @miyon_kautz@wvi.org

Photo courtesy of UN Women.

Source: VisionFund (link opens in a new window)

Categories
Finance
Tags
financial inclusion, microfinance, poverty alleviation, youth