Vision Fund
VisionFund Myanmar is an owner-operated mission-driven microfinance network working with caregivers in hard to reach, impoverished locations. Its business strategy is to expand its client base to include garment workers and small entrepreneurs. It also intends to provide consumer loans for such products as solar-home systems, cooking stoves, and motorcycles, and business loans. It will also offer investment loans for education, microinsurance, agriculture, remittance financing, and, to a lesser extent, cottage industries and crafts.
VisionFund Myanmar is one of the largest microfinance institutions (MFIs) in the country, with the widest geographic reach of any MFI. Its 54 branches cover nearly all the states and divisions, even in conflict-affected and remote areas of Myanmar.
VisionFund Myanmar intentionally places branches in underserved areas to empower families to unlock their economic potential and build brighter futures for their children. Its financial products and services are designed to help underserved or disadvantaged segments such as women, micro-entrepreneurs, migrants, rural farmers, and small businesses to sustain their livelihoods, grow their incomes, and create jobs and opportunities in their communities.
The company is currently undergoing a digital transformation process that will enable it to provide mobile financial services to clients. With its partners, the company is transforming from a financial service provider to a livelihood solutions provider, becoming a platform for clients to access a variety of education, tools and resources in addition to traditional financial service.
VisionFund Myanmar completes regular progress-out-of-poverty surveys, reports on the social impact of its operations and looks for ways to improve existing products and services to have greater client impact.