9,5 M€
Wallet
52 017
Number of beneficiaries
60,6%
Women beneficiaries
92,6 %
Rural beneficiaries
Uganda
Financial services
Funding granted
Loan of €400,000*
(local currency equivalent)
Partner of the Foundation
since 2020
*Outstanding at grant value
Context :
Uganda's economy is traditionally based on agriculture (80% of the active population), particularly coffee; it is developing slowly despite an often unfavorable regional context.
The institution:
VisionFund Uganda is a microfinance institution and a 100% subsidiary of World Vision. The MFI has grown to a network of 23 branches and three contact offices operating nationwide in Uganda.
Impact :
VisionFund Uganda has expanded its reach into the West Nile region to serve refugees and their host communities as part of a pilot project. The project aims to improve financial inclusion, with its first branch in Moyo serving the Palorinya refugee settlement. Plans are underway to open two more branches in Yumbe and Adjumani districts to serve both refugee and host communities with financial inclusion products.