Commitment

Leverage $1.1 Billion in Microfinance Loans to Reach the Most Vulnerable

Civil society organisation / United Kingdom

October 2024 — September 2029

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
Find out more
SMARTness index

Details

Target population characteristic
  • Community geography
  • Economic status of country
  • Gender identity
  • Socioeconomic status
Global nutrition target(s)
Anaemia
Low birth weight
Exclusive breastfeeding
Childhood stunting
Childhood wasting
Nutrition Action Classification(s)
Enabling > Financial
Find out more
Linked event(s)
  • 2025 Paris N4G Summit
N4G Summit theme(s)
  • Nutrition, health and social protection
  • Nutrition and transition to sustainable food systems and climate
  • Nutrition and resilience to crisis
  • Nutrition and gender equality
  • Financing and accountability for nutrition

Financial commitment details

Allocation Disbursement
Nutrition-specific amount
Nutrition-sensitive amount USD 110,000,000
Total USD 110,000,000

Measurement

Key indicator Actual expenditure
Measurement plan Collect own data
Value Measurement date
Baseline USD 0 October 2024
Target USD 1,100,000,000 September 2029

Share this commitment