Leverage $1.1 Billion in Microfinance Loans to Reach the Most Vulnerable
Description
World Vision commits to support smallholder farmers and small businesses through its microfinance facility, VisionFund, with $1.1 Billion USD in microfinance loans by 2030 to address the socioeconomic determinants of nutrition. VisionFund loans provide badly needed capital to open or expand small businesses, especially rural smallholder farmers, to generate income. VisionFund also prioritizes providing services to women with nearly 70% of all loans made to female entrepreneurs. These lending services - often coupled with business and economic empowerment training - are already delivering powerful results for families, with borrowers in 2024 reporting an average 17% improvement over the prior year in nutritious food availability for their children.
GNR assessment
Verification status |
Verified
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SMARTness index |
High
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Details
Target population characteristic |
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Global nutrition target(s) |
Anaemia
Low birth weight
Exclusive breastfeeding
Childhood stunting
Childhood wasting
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Nutrition Action Classification(s) |
Enabling >
Financial
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Linked event(s) |
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N4G Summit theme(s) |
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Financial commitment details
Allocation | Disbursement | |
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Nutrition-specific amount | ||
Nutrition-sensitive amount | USD 110,000,000 | |
Total | USD 110,000,000 |
Measurement
Key indicator | Actual expenditure |
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Measurement plan | Collect own data |
Value | Measurement date | |
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Baseline | USD 0 | October 2024 |
Target | USD 1,100,000,000 | September 2029 |