Kiva conducts regular, ongoing monitoring of all Field 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 Field Partner All Kiva Partners
  Start Date On Kiva Jan 9, 2019 Oct 12, 2005
Total Loans $273,050 $1,449,369,725
Amount of raised Inactive loans $0 $1,208,375
Number of raised Inactive loans 0 250
Amount of Paying Back Loans $166,375 $146,793,450
Number of Paying Back Loans 141 166,255
Amount of Ended Loans $106,675 $1,301,367,900
Number of Ended Loans 92 1,706,449
Delinquency Rate 50.09% 22.34%
Amount in Arrears $49,673 $21,032,049
Outstanding Portfolio $98,907 $94,127,897
Number of Loans Delinquent 111 73,201
Default Rate 0.00% 1.73%
Amount of Ended Loans Defaulted $0 $22,469,421
Number of Ended Loans Defaulted 0 54,461
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $254 $5,838,311
Refund Rate 4.67% 0.63%
Amount of Refunded Loans $12,750 $9,150,775
Number of Refunded Loans 10 8,489

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 51.09% 76.68%
Average Loan Size $119 $395
Average Individual Loan Size $0 $611
Average Group Loan Size $1,176 $1,773
Average number of borrowers per group 9.9 7.8
Average GDP per capita (PPP) in local country $1,800 $5,730
Average Loan Size / GDP per capita (PPP) 6.63% 6.89%
Average Time to Fund a Loan 16.63 days 7.43 days
Average Dollars Raised Per Day Per Loan $7.17 $53.14
  Average Loan Term 9 months 11.37 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 27 910,334
  Journaling Rate 13.98% 43.83%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.70

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 57.00% PY 25.38% PY
  Profitability (return on assets) -7.2% 4.5% -1.35%
  Average Loan Size (% of per capita income) N/A 61.00% 12.34%

Country Fast Facts

Field Partner Staff

Senjovu Jimmy
Joseph Kakooza
Veronica Nakachwa
Margaret Nankya