Statistics

Global microfinance facts:

The challenge

• One in five people worldwide survive on less than $1.25 a day
• Only 3% of the need for microfinance is being met
• 16 million people currently use microfinance
• 500 million people could potentially benefit from microfinance

World Vision microfinance facts:

People helped

• Active borrowers: 604,000
• Jobs created or sustained last year: 985,000
• Typical borrower: woman (68%)
• Children impacted last year: 1.86 million

Loans given

• Average loan size: $671.00
• Loan repayment rate: 98.7 percent
• Loan portfolio: $397 million
• Since 1993, World Vision has disbursed 3,500,000 loans, totaling more than $1.8 billion

Microfinance institutions (MFIs) leveraged

• Definition: an MFI is a local lending office within a community, managed by local professionals whose experience ensures funds are protected and wisely invested
• Current network of MFIs: 42
• Forbes recognized two World Vision MFIs among their Top 50 List of MFIs (out of the more than 12,000 currently in operation worldwide)