press release / Novembar 12, 2013
Quick Quick Banking
VisionFund is the latest microfinance organisation to join the cashless banking market. Its clients in Arusha, Tanzania can now receive and pay loans direct from their mobile phones through a the recently developed programme known locally as VFT chap chap (meaning quick quick).
article / Februar 17, 2017
Surviving Drought and Flooding
Alice and her husband, Sydney, have two daughters, Bennadett and Clemensia. They are part of the Mposa community in Machinga, Malawi. Their region suffered from a widespread drought, which destroyed the primary crops farmers planted for their livelihoods.
Recovery Loans from VisionFund have helped many families in the Mposa area rebuild their livelihoods after their maize crop failed twice due to drought and then floods.
Alice’s was one of them. She applied for a loan from VisionFund and invested it in growing vegetables, and later took another loan to purchase fertilizer and fuel for the communal pump that irrigates her vegetable garden. She was able to sell her vegetables at the local market to provide for her family’s needs. “If it wasn’t for the loan and these vegetables, I am sure that by today we would have sold our goats or split up the family in order to search for employment in the city,” said Sydney, who revealed that some households have adopted costly coping strategies such as withdrawing children from school and reducing food consumption which have long-term impact.
VisionFund has impacted 150 families in the Mposa region, by granting them loans to rebuild their livelihoods after their maize crop failed. Women use the income earned from growing vegetables to cover their daily needs, including their children’s school fees and health care costs.
article / Novembar 5, 2021
Impacting her community, one loan at a time
Business lady Vester Nandima had to drop out of school at the age of 19 because her parents could not pay her school fees. She married Liwonde at the age of 22. Her three grandchildren Innocent, Trevor and Esnart, aged 11, 5, and 3 respectively now live with her.
article / Mart 8, 2022
Breaking the Bias: VisionFund Staffing
Written by Kaitlin McGarvey, North America Fundraising Manager, VisionFund International
Breaking the Bias: VisionFund Staffing
article / Oktobar 11, 2016
Guest House to Hotel Leader
Economic Empowerment: Helping Hardworking Parents.
article / Oktobar 10, 2019
Business Owner and Grandma to Six Orphans
Business owner, farmer, grandmother to six children, and microfinance entrepreneur, Ifgenia has had her share of struggles.