VisionFund Uganda

Approved to post Kiva loans from: Uganda

Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:
VisionFund Uganda was established as a subsidiary of VisionFund International, a global microfinance institution that is owned by World Vision International. Within Uganda’s competitive microfinance market, VisionFund Uganda is one of the best MFIs in the country because of their competitive interest rates, turn-around time, good staffing and strong brand.

VisionFund Uganda’s goal is to serve low-income business owners living in areas where World Vision operates. They have a unique focus on areas of need, so 87% of VisionFund Uganda’s clientele are rural.

A unique lending approach:
VisionFund Uganda uses Kiva financing to provide agriculture loans. VisionFund Uganda takes a ‘credit with education’ approach, where alongside their loans they offer clients business training and technical knowledge to help their businesses succeed.

Repayment Performance on Kiva

	This Lending Partner	All Kiva Partners
Start Date On Kiva	Jan 9, 2019	Oct 12, 2005
Total Loans	$3,123,150	$2,208,523,850
Amount of raised Inactive loans	$0	$373,375
Number of raised Inactive loans	0	142
Amount of Paying Back Loans	$617,000	$151,621,420
Number of Paying Back Loans	486	179,401
Amount of Ended Loans	$2,506,150	$2,056,529,055
Number of Ended Loans	2,058	2,709,737
Delinquency Rate	4.01%	10.35%
Amount in Arrears	$14,063	$9,423,912
Outstanding Portfolio	$286,392	$91,039,966
Number of Loans Delinquent	83	38,127
Default Rate	0.17%	1.80%
Amount of Ended Loans Defaulted	$4,241	$37,119,831
Number of Ended Loans Defaulted	30	97,519
Currency Exchange Loss Rate	0.00%	0.39%
Amount of Currency Exchange Loss	$25,013	$13,741,630
Refund Rate	1.61%	0.52%
Amount of Refunded Loans	$50,250	$11,566,110
Number of Refunded Loans	36	9,975

Loan Characteristics On Kiva

	This Lending Partner	All Kiva Partners
Loans to Women Borrowers	78.89%	78.91%
Average Loan Size	$574	$407
Average Individual Loan Size	$1,232	$603
Average Group Loan Size	$1,214	$1,963
Average number of borrowers per group	9.6	8.4
Average GDP per capita (PPP) in local country	$1,800	$4,378
Average Loan Size / GDP per capita (PPP)	31.88%	9.30%
Average Time to Fund a Loan	8.57 days	9.19 days
Average Dollars Raised Per Day Per Loan	$66.98	$44.31
Average Loan Term	8.65 months	11.52 months

Journaling Performance on Kiva

	This Lending Partner	All Kiva Partners
Total Journals	656	1,304,857
Journaling Rate	29.97%	41.69%
Average Number of Comments Per Journal	0.00	0.02
Average Number of Recommendations Per Journal	0.00	0.52

Borrowing Cost Comparison (based on 2009 data)

	This Lending Partner	Median for MFI's in Country	All Kiva Partners
Average Cost to Borrower	N/A	57.00% PY	28.52% PY
Profitability (return on assets)	5.92%	4.5%	-1.50%
Average Loan Size (% of per capita income)	N/A	61.00%	0.00%

Country Fast Facts

Country:: Uganda
Capital:: Kampala
Official Language:: English (official) Ganda,Luganda, other Niger-Congo languages, Nilo-Saharan languages, Swahili, Arabic
Population:: 35,918,915
Avg Annual Income:: $1,353
Labor Force:: agriculture: 82%, industry: 5%, services: 13%
Population Below Poverty Line:: 19.50%
Literacy Rate:: 78.40%
Infant Mortality Rate (per 1000):: 60.82 deaths
Life Expectancy:: 58.02 years