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 $3,216,850 $2,239,757,060
Amount of raised Inactive loans $0 $674,550
Number of raised Inactive loans 0 157
Amount of Paying Back Loans $616,425 $154,799,735
Number of Paying Back Loans 479 180,031
Amount of Ended Loans $2,600,425 $2,084,282,775
Number of Ended Loans 2,133 2,743,718
Delinquency Rate 8.22% 11.66%
Amount in Arrears $26,491 $11,060,841
Outstanding Portfolio $271,980 $94,847,910
Number of Loans Delinquent 139 71,972
Default Rate 0.16% 1.78%
Amount of Ended Loans Defaulted $4,241 $37,137,719
Number of Ended Loans Defaulted 30 97,699
Currency Exchange Loss Rate 0.00% 0.38%
Amount of Currency Exchange Loss $25,714 $13,858,921
Refund Rate 1.56% 0.52%
Amount of Refunded Loans $50,250 $11,590,415
Number of Refunded Loans 36 9,989

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 79.06% 78.99%
Average Loan Size $584 $409
Average Individual Loan Size $1,237 $604
Average Group Loan Size $1,214 $1,975
Average number of borrowers per group 9.6 8.4
Average GDP per capita (PPP) in local country $1,353 $4,376
Average Loan Size / GDP per capita (PPP) 43.14% 9.34%
Average Time to Fund a Loan 8.39 days 9.21 days
Average Dollars Raised Per Day Per Loan $69.56 $44.41
  Average Loan Term 8.64 months 11.52 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 706 1,319,468
  Journaling Rate 30.32% 41.65%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.51

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 28.97% PY
  Profitability (return on assets) 5.92% 4.5% -1.29%
  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

Lending Partner Staff

LANGA FAITH
Joseph Kakooza
Philliam Mwesigwa
Victor Satya