VisionFund transforms the lives of 6.3 million children through financial inclusion
April 4, 2025
VisionFund (VF), the financial inclusion arm of World Vision, has improved the lives of 6.3 million children across four continents through financial inclusion initiatives last fiscal year.
According to VisionFund’s latest annual report for fiscal year 2024, most of the children whose lives were transformed were from Africa, followed by Latin America, Asia, and Eastern Europe, respectively.
“We believe in the power of bold, innovative, financial inclusion to create a sustainable future—equipping families, especially women, with the tools they need to break free from poverty and secure a brighter future for their children,” VisionFund President and Chief Executive Officer Edgar Martinez said.
VisionFund is now in the second phase of ‘Our Livelihoods Promise,’ a strategic initiative focused on expanding its reach and deepening its impact on the most vulnerable families.
In 2024, about 1.1 million people accessed loans that enhanced their livelihoods and secured the needs of their families, including healthy and nutritious food and education for their children. The total value of loans disbursed last year was $840 million.
Women, who remain at the forefront of VisionFund’s mission, comprised of 70% of those served, reinforcing the organisation’s commitment to empowering women entrepreneurs and caregivers in rural and underserved communities.
Additionally, VisionFund has supported the financial stability and resilience of more than 250,000 savings group members. For instance, 97% of the people in Africa served by VisionFund reported that their lives have improved following the loans they received through the savings groups, while 96% of clients said their income has increased.
At least 2.35 million people also gained access to insurance products, safeguarding families from shocks and emergencies. In Uganda, 71% of those who claimed their insurance benefit from VisionFund following a hospitalisation said that this had reduced their financial stress.
VisionFund provides financial inclusion services through affordable loans, savings, insurance, and financial education to vulnerable, primarily rural communities in 25 countries.
VisionFund is part of World Vision, the global Christian relief, development, and advocacy organisation dedicated to helping children, families, and communities overcome poverty and injustice.
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FOR MORE INFORMATION
April Ann A. Bulanadi
Communications Manager, VisionFund
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