PressRelease from VisionFund
Jun 10, 2019
VisionFund lnternational's Women Empowerment Fund Commits 2019 Funding to Uganda Funding enables VisionFund Uganda to impact over 4,000 refugee women
Kampala -3 April 2019-Ahead of International Women's Day on 8 March, VisionFund International (VisionFund), the microfinance arm of children's charity World Vision, pledged over US $1.2 million in funding to support over 32,000 women in 2019 in Armenia, Myanmar, Sri Lanka, Uganda and Vietnam from its Women's Empowerment Fund, a fund established to empower women's ability to improve their livelihoods and benefit their children.
The fund complements VisionFund's existing microfinance programmes in the five countries by providing extra resources for business training and loans. Funding from the Women's Empowerment Fund is expected to help VisionFund Uganda to support and to bring financial inclusion to 4,000 refugee women living in camps by providing them with financial literacy training and providing small loans through savings groups run by World Vision. Nearly 12,480 children are expected to benefit from their parent's/guardian's access to VisionFund's financial services.
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