VisionFund

Project overview

VisionFund Tanzania is a microfinance bank serving low-income clients living in vulnerable and rural communities by offering financial and livelihood solutions, including microloans, savings programs, microinsurance, training, and education. The organisation aims to empower families to generate income, create jobs, and unlock economic potential for communities to thrive.

Funding objective

AgriFI will provide a loan of up to EUR 2 million. The financing aims to support VisionFund Tanzania in growing its agriculture portfolio and provide access to finance for smallholder farmers in the horticulture and other agricultural subsectors, while catalyzing additional funding to achieve portfolio growth targets.

Investment rationale

VisionFund Tanzania considers smallholder farmers as a key target clientele and offers a range of tailored products to this segment. EDFI MC can contribute to scaling up this MFI during its period of strategic reorientation. The subordinated debt instrument serves to derisk existing debt providers and catalyze additional debt funding to finance portfolio growth and reach more smallholder farmers.

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