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 $345,825 $1,540,983,845
Amount of raised Inactive loans $0 $441,200
Number of raised Inactive loans 0 211
Amount of Paying Back Loans $156,325 $158,174,920
Number of Paying Back Loans 133 192,098
Amount of Ended Loans $189,500 $1,382,367,725
Number of Ended Loans 161 1,821,275
Delinquency Rate 27.68% 17.86%
Amount in Arrears $19,763 $17,532,169
Outstanding Portfolio $57,866 $98,185,245
Number of Loans Delinquent 106 58,988
Default Rate 0.00% 1.71%
Amount of Ended Loans Defaulted $0 $23,626,635
Number of Ended Loans Defaulted 0 58,907
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $297 $6,566,253
Refund Rate 3.69% 0.61%
Amount of Refunded Loans $12,750 $9,393,625
Number of Refunded Loans 10 8,726

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 50.61% 77.16%
Average Loan Size $121 $391
Average Individual Loan Size $0 $604
Average Group Loan Size $1,180 $1,778
Average number of borrowers per group 9.8 7.9
Average GDP per capita (PPP) in local country $1,800 $5,692
Average Loan Size / GDP per capita (PPP) 6.71% 6.87%
Average Time to Fund a Loan 18.16 days 7.92 days
Average Dollars Raised Per Day Per Loan $6.65 $49.38
  Average Loan Term 9.01 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 38 947,481
  Journaling Rate 14.88% 42.77%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.69

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 25.83% PY
  Profitability (return on assets) -8.84% 4.5% -1.09%
  Average Loan Size (% of per capita income) N/A 61.00% 11.51%

Country Fast Facts

Field Partner Staff

Senjovu Jimmy
Joseph Kakooza
Veronica Nakachwa
Margaret Nankya