Like many countries in the developing world this country has seen many changes in leadership. This has affected all areas of the country’s social and economic infrastructure, including that of the banking industry.
Many households are female-headed and are usually responsible for more than one child. Most families live on a subsistence level and lack the finances to meet basic human needs such as medical supplies when needed, children’s education, and adequate food.
These families are particularly vulnerable, as the women generally have little or no formal education, and no land or productive assets. The poor’s vulnerability to financial shocks or emergencies is one of the core aspects of poverty.
With the vast majority of the population not having access to financial services, our work in this country is critical.
All MFI strives to provide best in class financial services to some of the poorest communities in country.
We will be updating this section shortly with various initiatives and programmes that reflect the enthusiasm and desire of our staff, in supporting local borrowers and their families.
Lives are positively changed when families access micro loans and other financial services.
The MFI will be updating this section with stories from our clients that tell first-hand what steps they have taken to improve their lives of their children and families. In the meantime, please take a moment to view the success stories found in the Media Centre.
MFI Structure
All MFIs are affiliated with either VisionFund International and/or World Vision International. That said, each MFI is structured differently due to in-country banking laws, structures, and historical precedence.
All MFIs are led by a senior leadership team and governed by a board of directors.
The MFI will be updating more details about their structure and leadership shortly. Please come back for a full description.