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Monthly Newsletter: August 2019


World Vision is delighted to send you our Executive Briefing for Economic Empowerment. You are an integral part of our work to end extreme poverty by 2030, so we want to keep you updated on our progress!

In this issue, you will find:

  • An update on our work in Myanmar
  • Vision Trips available to you
  • Prayer Requests

Christopher Shore


Celebrating Our Work in Myanmar

By Jose Luis Figueroa, World Vision Sr. Technical Advisor Food Security & Livelihoods

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Since its inception in 2013, great progress has been accomplished by VisionFund Myanmar in providing sustainable access to financial services for families who are now empowered economically to build brighter futures and reach their God-given potential.

From 2016 to date, VisionFund Myanmar has served more than 186,000 clients with a total portfolio of nearly $40 million, with 86% of these clients being women. More than 34,000 clients used their loans to support agriculture-related businesses, helping them avoid having to resort to using loan sharks. Loan clients were encouraged to save money to boost their family's resilience and aid in financial planning. More than 435,000 clients have saved $6.4 million!!!!

Through improved incomes, smallholder farmers and small-scale entrepreneurs are now better able to increase productivity and position their businesses for greater growth. And behind this progress are lives transformed. Nearly all clients report at least one benefit for their children A sampling of clients in March, almost all of whom had received a loan in the past year, found that 99% reported at least one benefit for their children and 73% reported three or more. The most commonly reported benefit was sufficient food/nutrition, followed by education, clothing, and health, all of which were mentioned by more than half the respondents.

Myanmar 2So far in 2019, VisionFund also added more branches, introduced a new core banking system, and promoted greater client savings. It has also positioned itself to serve more people, including those in conflict-affected areas to the west. VisionFund now operates 51 branches, up from 48 last year, expanding its reach to those in need of financial services, focusing on retaining existing clients and providing them the right loan size. Average loan size has increased to $319, within approved limits, and is based on the clients’ capacity to repay. Larger loans allow clients to invest more in their livelihood activities. Nearly two-thirds of VisionFund clients in Myanmar are based in World Vision’s program areas, which help communities establish sustainable access to vital resources such as water, food, and healthcare.

Sharing great funding news, VisionFund Myanmar has been conditionally approved for a $3.25 million LIFT grant to establish seven new branches in Kachin, Kayin, and Shan states. In partnership with World Vision, VisionFund Myanmar progressed on two projects funded by government grants to support value chain development work. Additionally, a New Zealand-funded project is serving more than 5,500 active clients, while one funded by Australia has reached more than 3,000 clients. These projects capitalize on World Vision’s graduation approach to economic empowerment; while VisionFund aims to provide financing to farmers, World Vision helps them expand their businesses. Together, these value chain projects have led to two additional branches being established, with both quickly reaching their growth targets.

Myanmar 3During our support through the ELO Campaign, 263,002 jobs were sustained, 436,664 clients saved $6.4 million, and rural borrowers accounted for 52% of VisionFund Myanmar's clients, with 34,318 new and existing clients borrowing for agricultural related businesses.  Now those are numbers to celebrate!

What is the Importance of a Microloan in Myanmar? 


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To see how dramatically microfinance loans can change the lives of the people we serve, check out this video that shares Paing's story. 

Watch here

Upcoming Calendar Events

  • Vision Trips (please contact your World Vision representative about participating):
    • Malawi (November 11-16, 2019 DATES TENTATIVE) Join Christopher Shore in Malawi to see the great work happening there to improve livelihoods.
    • Zambia (November 18-22, 2019) Join Christopher Shore in Zambia to see the great work happening there to improve livelihoods.
    • Honduras (January 13-18, 2020) Join Christopher Shore in Honduras to see the great work happening there to improve livelihoods.
    • Rwanda (April 27 - May 1, 2020) Join Christopher Shore in Rwanda to see the great Women's Empowerment Fund work happening there and how VisionFund is helping shape the future of women. 
  • Christopher Shore Regional Tour (September 2019) - Oregon
  • SEEP Annual Conference (October 21-23, 2019) - Virginia
  • Strong Women Strong World (December 6, 2019) - New York
  • Jorge Galeano Regional Tour (January 27-31, 2020) - California
  • Florida Summit (February 6-8, 2020) - Naples, FL
  • Every Last One Conference (March 6-7, 2020) - Dallas, TX



  • Praise for all of the great work that has happened in Myanmar over the past few years.
  • Praise for our partners and donors who have contributed to the success of Myanmar's program. 


  • Pray for continued advancement of THRIVE - that we get the necessary funding to roll out the full program across all five existing countries.
  • Pray for all of the upcoming trips and events - that the right people would be in attendance at each one. 
  • Pray for new donors to engage & partner with us in our EE work so that we can accomplish all that God has asked us to. 
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© 2019 World Vision, Inc. All rights reserved.

World Vision is a Christian humanitarian organization dedicated to working with children, families, and their
communities worldwide to reach their full potential by tackling the causes of poverty and injustice.
In 2017, 85 percent of World Vision's total operating expenses were used for programs that benefit children,
families, and communities in need. Learn More.