3 billion people live on less than $2 a day
600 million poor people could create jobs and increase their
income if they had access to small business loans

Many of the world's poor have the entrepreneurial spirit. They work hard and have clever ideas. They are not lazy. They just have not been given a chance to live their dreams.

World Vision wants to transform the lives of the chronically poor.

By offering basic business training and small loans we aim to build people's capacity to solve their own problems and support themselves and their families. This is about nurturing tiny enterprises and creating gainful work and improving income security. By providing a small amount of loan capital and business expertise VisionFund realises the full potential of these entrepreneurs and encourages others to be entrepreneurial. It unleashes the entrepreneurial spirit in the poor themselves.

World Vision has been involved in micro-lending as a concept since 1980's and formally since 1993.

VisionFund has been created by World Vision to formalise its microfinance services for the entrepreneurial poor, and to raise donations for its microfinance programmes. Throughout the World Vision partnership, VisionFund has a portfolio of US$281 million with more than 530,000 clients in 48 countries with a loan repayment rate of 97%.

It does work!

Now, World Vision New Zealand has partnered with VisionFund Mongolia to help people like Tuya Dartang, who has a small market garden.

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