Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner description:
VisionFund Senegal (VFS) is a microfinance institution established in July 2016 as a subsidiary of World Vision International, a Christian relief development and advocacy organization. Working together, they aim to provide the foundations for local economies to flourish in healthy and safe communities. 

A unique lending approach:
VFS uses Kiva financing to provide group loans to a rural client base that is 68% rural and 80% female, with the goal of supporting family welfare. It facilitates wholesale & retail small business loans (limited to women) as well as agriculture and artisan and handicraft loans. The organization measures success using “number of active borrowers” closely followed by “number of children impacted.” 

Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Mar 6, 2020 Oct 12, 2005
Total Loans $1,407,605 $2,068,863,510
Amount of raised Inactive loans $0 $299,275
Number of raised Inactive loans 0 187
Amount of Paying Back Loans $202,215 $158,029,030
Number of Paying Back Loans 76 189,329
Amount of Ended Loans $1,205,390 $1,865,241,100
Number of Ended Loans 573 2,517,758
Delinquency Rate 0.00% 12.61%
Amount in Arrears $0 $12,365,233
Outstanding Portfolio $174,217 $98,064,247
Number of Loans Delinquent 0 65,267
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $34,149,470
Number of Ended Loans Defaulted 0 91,521
Currency Exchange Loss Rate 0.00% 0.47%
Amount of Currency Exchange Loss $20,660 $12,915,654
Refund Rate 0.04% 0.54%
Amount of Refunded Loans $605 $11,271,635
Number of Refunded Loans 1 9,871

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 94.17% 78.53%
Average Loan Size $196 $393
Average Individual Loan Size $0 $585
Average Group Loan Size $2,166 $1,915
Average number of borrowers per group 11 8.3
Average GDP per capita (PPP) in local country $2,300 $5,593
Average Loan Size / GDP per capita (PPP) 8.53% 7.03%
Average Time to Fund a Loan 31.05 days 9.15 days
Average Dollars Raised Per Day Per Loan $6.32 $42.97
  Average Loan Term 10.67 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 42 1,231,389
  Journaling Rate 6.78% 41.87%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 23.00% PY 27.12% PY
  Profitability (return on assets) -1.96% -0.1% -1.71%
  Average Loan Size (% of per capita income) N/A 46.00% 0.00%

Country Fast Facts

Lending Partner Staff

Bienvenu BISSAO
Fatou Diagne
Agnes Diene
Simeon Manga
Abdoul Ouattara