Everyone, everywhere we work has access to the tools they need to lift themselves out of extreme poverty.
World Vision’s Biblical Empowered Worldview training addresses the spiritual and social underpinnings of poverty – helping to shift the mindsets and behaviors of individuals and communities to recognize possibility and opportunity, and to move from dependence to dignity, from poverty to prosperity.
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Savings Groups / SGs Savings Groups build financial resilience for vulnerable families, providing them with both savings and loans that can be used to increase their income-generating capabilities, and also the coaching and social support needed to build thriving businesses.
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Market Knowledge and Access training provides small business and farm owners the tools they need to know which products or crops are profitable, how and when to access markets, and how to work with buyers and adjust production to meet market demand and increase their profit.
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Lending to Savings Groups provides mature groups with a boost of capital early in their annual cycle, allowing more group members to get bigger loans more quickly, allowing them to invest more in their farms and businesses and generate more income.
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Our THRIVE 2030 goal is that 10 million people have access to the tools they need to lift themselves out of extreme poverty.
Clara Domingo has been able to serve 19 savings groups in Malawi with loans to help lift group members out of poverty as they work to build flourishing enterprises. Loans are made to groups that have been working together for at least two years, based on their total savings the prior year, to a maximum of $1,000. This new capital supports business development, and incentivizes groups to save more money to qualify for a larger loan the following year, creating a virtuous cycle of financial growth and opportunity.
Mzuzu Branch
VisionFund Malawi
Zimba could barely grow any cash crops on his 10-hectare piece of land until THRIVE gave him an opportunity for a mindset change training through Empowered World View (EWV). “Life was harder for me and my family, I could not do any commercial farming as I did not have any knowledge for commercial farming. I could only produce some food crops on a small scale. So I struggled to take care of my family’s financial needs,” explains Zimba. Today, Zimba has massively transformed his need story into one of multiple possessions and income generating activities. Zimba says the EWV training gave his family rare insights to see money with everything within their surroundings.
Mpamba
World Vision Malawi
Aysha and her husband, have three children, one boy and two girls. Her son is 5 years old and attends the middle school. The girls are studying at university to become a nurse and a secretary. The fees for university is expensive, but with her business Aysha is able to pay for all her three children. “If you have a strong will and are able to work hard, you can achieve anything!” she says. Ref. WV11220168
Wakiso Kampala
VisionFund Uganda