VISIONFUND INTERNATIONAL
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Vision Fund International (VFI) is the not for profit microfinance arm of World Vision, a child focused global development, relief and advocacy organisation. VFI's global network of 24 microfinance institutions across Asia, Africa, Eastern Europe and Latin America has over 800,000 clients, creating and sustaining more than 1.5 million jobs while impacting the lives of over 3 million children. It aims to improve the lives of 9 million children annually by 2019; it does so by financing, primarily, women.
What is our funding objective?
The aim is to support VFI to further develop its innovative Disaster Resilient Microfinance Program (DRMP) through the strengthening of its approach on Financial Disaster Risk Management (FDRM).
Why do we fund this investment?
This project has high strategic relevance due to its impact on rural communities and smallholder farmers (over 60 percent of VFI's loan portfolio is to smallholder farmers or agricultural dependent businesses), and the impact that it could potentially have in making microfinance more climate resilient. VFI is committed to sharing lessons learned.
More investments
| Date | Total FMO financing |
|---|---|
| 12/1/2020 | USD 0.11 MLN |
| 5/31/2023 | USD 10.00 MLN |
| 2/10/2022 | USD 10.00 MLN |
- Region
- Africa
- Country
- Africa
- Sector
- Financial Institutions
- Effective date
- 12/16/2015
- End date
- 7/12/2018
- Total FMO financing
- EUR 0.25 MLN
- Funding
- MASSIF
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - C