VisionFund Mongolia

VisionFund Mongolia

Lending Partner since 2023 • Mongolia
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Fundraising Status:active
Risk Rating:

What to know about this Lending Partner

Impact Category:
General Financial Inclusion
Default Rate:
0%
Currency Exchange Loss Rate:
0.68%
Total Loans Raised:
$2,640,910
Loans at Risk Rate:
3.82%
Kiva Borrowers:
2,584
Delinquency Rate:
1.19%
Interests and Fees:
N/A

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 Mongolia was founded in 2004 as a nonprofit microfinance institution under World Vision International. It operates across urban and rural areas of Mongolia, providing financial services to low-income families and underserved communities. The organization focuses on improving household livelihoods and supporting the well-being of children and families. Its core work centers on offering inclusive microloans to people who have little or no access to traditional banking services.


A unique lending approach:

Kiva funding helps expand access to credit for unbanked and disadvantaged borrowers, including women and youth. The organization combines group and individual lending models to reach both rural communities and emerging entrepreneurs. These loans enable clients to strengthen their livelihoods and build more stable, resilient households.