2025-07-25T20:08:04+00:00 2024-09-30 990 2023-10-01 223900800 VisionFund International VISI 6263038811 800 West Chestnut Avenue Monrovia CA 910163106 Matthew Harvey Secretary 6263038811 2025-07-26 2023 2025-03-06 01:10:19Z Elisabeth Madden 800 West Chestnut Avenue Monrovia CA 910163106 32617834 false X X 2003 CA VisionFund International (VFI) was established for the purpose of supporting World Vision International (WVI) by coordinating and providing funding to WV-affiliated microfinance institutions located in developing countries. 13 9 0 0 0 0 17951332 15210687 3489256 3597272 12654686 12937690 556869 872185 34652143 32617834 3447177 7349500 0 0 10274605 10543850 0 0 880034 12121915 9266423 25843697 27159773 8808446 5458061 214971191 235576203 65934622 79102007 149036569 156474196 VisionFund International (VFI) was established for the purpose of supporting World Vision International (WVI) by coordinating and providing funding to World Vision - affiliated microfinance institutions (MFIs) located in developing countries. The primary activity of the MFIs is to provide small loans to individuals and groups who lack access to normal banking facilities & commercially oriented microfinance services aiming to alleviate poverty and stimulate the creation of employment opportunities for the poor. false false 18817558 7349500 17407148 Micro-enterprise lending - VisionFund International extends loans to affiliated microfinance institutions (MFIs) located in underdeveloped countries as part of World Vision International's global ministry of aiding people to alleviate poverty and better their lives. At September 30, 2024, the net loans to MFIs totaled $102,913,663 compared to $102,766,858 at the end of Fiscal Year 2023. 18817558 true true false false false false false false false false false true false true false true true false true true true false false false false false false false true false false false false false false false false false false false false false true true true false false true X 0 0 0 false true UK false false false false false false X 13 9 false false false false true true true true true false false false true true true true false true true false CA X Matthew Harvey 6263038811 800 West Chestnut Avenue Monrovia CA 91016 Edgar S Martinez President and CEO 40.0 0.0 X X 298494 0 44820 James Bere Jr Board Chairman 4.0 0.0 X X 0 0 0 Suanne DeBoer Miedema Board of Director 1.0 0.0 X X 0 0 0 Tiffany T F Huang Board Vice-Chairperson 1.0 0.0 X X 0 0 0 Andrew Morley Board of Director 1.0 40.0 X 0 610753 5095 Chris Glynn Board of Director 1.0 0.0 X 0 0 0 Dennis Weibling Board of Director 1.0 0.0 X 0 0 0 Emma Osborne Board of Director 1.0 0.0 X 0 0 0 Jean Baptiste Kamate Board of Director 1.0 40.0 X 0 324708 26744 Katherine Lam Board of Director 1.0 0.0 X 0 0 0 Luis Hermosa Board of Director 1.0 0.0 X 0 0 0 Petronella Chigara Dhitima Board of Director 1.0 0.0 X 0 0 0 Stephen Lockley Board of Director 1.0 40.0 X 0 258763 20862 Elisabeth Madden CFO 40.0 0.0 X 53685 0 5368 Elizabeth Haegelin Assistant Secretary 1.0 40.0 X 0 160785 28955 John Chamberlain Finance Operations and Transformation Director 40.0 0.0 X 121865 0 9734 Matthew Harvey Secretary 20.0 20.0 X 0 162214 17740 Tim Burgett Assistant Secretary 1.0 40.0 X 0 215505 56096 Adrian Merryman Chief Business Development Officer 40.0 0.0 X 152078 0 33946 Miyon Kautz Global Director of Marketing and Engagement 40.0 0.0 X 136988 0 22609 Ricardo Calvo Regional Head, LACRO 40.0 0.0 X 142943 0 25217 Richard Reynolds Institutional Development Director 40.0 0.0 X 150870 0 35938 Sally O'Neil Chief of Strategy 40.0 0.0 X 153394 0 15321 1210317 1732728 348445 20 false true false BANKBI UK LIMITED Kingfisher House Yateley England GU46 6XW UK Systems Banking Services 510605 KPMG LLP PO Box 120922 Dallas TX 75312 Audit Services 492986 STRAJ SOLUTIONS INC 225 Markham Rd Apt 1004 Toronto Ontario M1J 3C6 CA Systems Banking Services 470706 RJB SYSTEMS INC 2200 E 104th Avenue Ste 209 Thornton CO 80233 Colorado CO 80233 Systems Banking System 444950 SOFTWARE GROUP BG LTD 115N Tsarigradsko Shosse Blvd 1784 Sofia BU Systems Banking Services 298826 12 0 0 0 14309100 0 901587 0 15210687 Management fee income 523000 3597272 3597272 0 0 0 0 0 0 3597272 12937690 12937690 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Donation fee income 900099 782801 782801 0 0 Other non-operating income 900099 89384 89384 0 0 0 0 0 0 872185 32617834 17407147 0 0 7349500 7349500 919936 140532 779404 7258664 3382782 3330153 545729 288678 147120 127741 13817 1827681 808136 887245 132300 248891 136395 88823 23673 97653 97653 213915 213915 0 0 0 0 62664 24173 31775 6716 532568 459002 68700 4866 237276 112156 114617 10503 1237624 558984 560665 117975 3442344 3442344 Other professional fees 650119 210997 426286 12836 Forex losses 1872484 1872484 Training and technical assistance 75057 22994 41798 10265 Other operating expenses 338108 16984 319770 1354 506611 506611 0 0 27159773 19191194 7088545 880034 22384665 29015374 1377502 7730455 0 0 0 102766858 102913663 530335 533587 0 0 0 0 85471244 91888753 2440587 3494371 214971191 235576203 1429782 2711546 151029 221319 0 58729993 72803062 5623818 3366080 65934622 79102007 138877366 141689021 10159203 14785175 149036569 156474196 214971191 235576203 X 5458061 0 0 0 0 1979569 X false true X true false X X 1 World Vision International 953202166 1 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Equity investment - AgroInvest 4256776 F Equity investment - Dominican Republic 2814380 F Equity investment - Ecuador 21038159 F Equity investment - Guatemala 3575342 F Equity investment - Mongolia 3356178 F Equity investment - Kenya 3945009 F Equity investment - Sri Lanka 1658791 F Equity investment - Tanzania 10266613 F Equity investment - Rwanda 2223633 F Equity investment - Zambia 3463095 F Equity investment - Senegal 5023077 F Equity investment - Ghana 3246099 F Equity investment - Malawi 4184602 F Equity investment - VF Credo 0 F Equity investment - Myanmar -1033630 F Equity investment - Mexico 12645745 F Equity investment - Peru 143713 F Equity investment - Uganda 4547726 F Equity investment - Honduras 3326078 F Equity investment - Democratic Republic of Congo -490718 F Equity investment - Armenia 0 F Equity investment - India 2998085 F Equity investment - Ukraine 700000 F 91888753 Interest payable 1260047 Other liabilities 2106033 3366080 146832318 114214484 114214484 32617834 0 0 32617834 140783677 113623901 113623901 27159776 0 0 27159776 Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Subsidiary interest, fees and commission revenue - XXX-XX-XXXX Subsidiary indirect public support - 1017473 Subsidiary other operating income - -3021412 Subsidiary other non-operating income - 1239284 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Subsidiary operating expense - 83832278 Subsidiary interest, fees and commission expense - 18288389 Subsidiary foreign exchange loss - 7277133 Subsidiary provision for loan losses - 3669329 Subsidiary other non-operating expense - 556772 Central America and the Caribbean 3 5 Program Services Microfinance 314858 East Asia and the Pacific 4 24 Program Services Microfinance 1065793 Europe (Including Iceland and Greenland) 3 20 Program Services Microfinance 886427 Middle East and North Africa 0 1 Program Services Microfinance 147900 North America (Canada & Mexico only) 1 7 Program Services Microfinance 349940 Russia and Neighboring States 0 1 Program Services Microfinance 119419 South America 2 4 Program Services Microfinance 213849 South Asia 2 6 Program Services Microfinance 202692 Sub-Saharan Africa 11 43 Program Services Microfinance 1859321 Central America and the Caribbean 0 0 Investments N/A 664524 Sub-Saharan Africa 0 0 Investments N/A 2392818 Russia and Neighboring States 0 0 Investments N/A 700000 26 111 0 0 26 111 8917541 0 8917541 Central America and the Caribbean Recovery lending to savings group 128500 Wire transfer 0 N/A N/A East Asia and the Pacific Empowered Worldview, Livelihood program, Loan capital funding and Access to inclusive financial services 415329 Wire transfer 0 N/A N/A East Asia and the Pacific Digitalization, Recovery lending to savings group 488500 Wire transfer 0 N/A N/A Europe (Including Iceland and Greenland) Digitalization 25695 Wire transfer 0 N/A N/A Middle East and North Africa Health insurance products 22816 Wire transfer 0 N/A N/A Sub-Saharan Africa Recovery lending to savings group 219420 Wire transfer 0 N/A N/A Sub-Saharan Africa Recovery lending to savings group and WASH 239186 Wire transfer 0 N/A N/A Sub-Saharan Africa Empowered Worldview and Recovery lending to savings group 104112 Wire transfer 0 N/A N/A Sub-Saharan Africa Recovery lending to savings group 424750 Wire transfer 0 N/A N/A Sub-Saharan Africa Health insurance products and Recovery lending to savings group 167617 Wire transfer 0 N/A N/A Sub-Saharan Africa Empowered Worldview and Recovery lending to savings group 235994 Wire transfer 0 N/A N/A Sub-Saharan Africa Recovery lending to savings group 342716 Wire transfer 0 N/A N/A Sub-Saharan Africa Digitalization, Empowerment for strengthening gender equality and Recovery lending to savings group 475205 Wire transfer 0 N/A N/A Sub-Saharan Africa Empowerment for strengthening gender equality, Recovery lending for savings group and WASH 489342 Wire transfer 0 N/A N/A 0 0 false false true false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; SUB-SAHARAN AFRICA-Accrual X X true true X X X X X false false false false false false false false false Edgar S Martinez President and CEO 297711 0 0 0 783 0 24501 0 20319 0 343314 0 0 0 Andrew Morley Board of Director 0 541524 0 0 0 69229 0 1493 0 3602 0 615848 0 0 Jean Baptiste Kamate Board of Director 0 266043 0 0 0 58665 0 23142 0 3602 0 351452 0 0 Stephen Lockley Board of Director 0 253388 0 0 0 5375 0 17847 0 3015 0 279625 0 0 Tim Burgett Assistant Secretary 0 206284 0 0 0 9221 0 35821 0 20275 0 271601 0 0 Elizabeth Haegelin Assistant Secretary 0 156725 0 250 0 3810 0 22154 0 6801 0 189740 0 0 Matthew Harvey Secretary 0 161764 0 0 0 450 0 17254 0 486 0 179954 0 0 John Chamberlain Finance Operations and Transformation Director 121865 0 0 0 0 0 9734 0 0 0 131599 0 0 0 Elisabeth Madden CFO 53685 0 0 0 0 0 5368 0 0 0 59053 0 0 0 Adrian Merryman Chief Business Development Officer 148268 0 0 0 3810 0 20991 0 12955 0 186024 0 0 0 Richard Reynolds Institutional Development Director 147890 0 1000 0 1980 0 23689 0 12249 0 186808 0 0 0 Sally O'Neil Chief of Strategy 153206 0 0 0 188 0 15321 0 0 0 168715 0 0 0 Ricardo Calvo Regional Head, LACRO 140963 0 0 0 1980 0 11770 0 13447 0 168160 0 0 0 Miyon Kautz Global Director of Marketing and Engagement 133178 0 0 0 3810 0 14583 0 8026 0 159597 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments The organization provides for tax indemnification and gross-up payments to certain employees. Schedule J, Part I, Line 1a Housing allowance or residence for personal use The organization provides for housing allowance to certain employees. Form 990, Part VI, Line 1a Delegate broad authority to a committee During the interval between meetings of the Board of Directors, the Board's executive committee may exercise the powers of the full board to act upon any matters which, in the opinion of the chairman of the board, should not be postponed until the next previously scheduled meeting of the board. However, the committee does not have the power of authority of the board in reference to: (1) Matters reserved to the full board in the company bylaws; (2) Amending the company bylaws and (3) Appointing or dismissing the CEO. Form 990, Part VI, Line 6 Classes of members or stockholders World Vision International (WVI) is the sole member of VisionFund International. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body WVI, the parent of VFI, elects the governing body. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Certain decisions of the VFI board are subject to the approval of WVI as sole member of VFI. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is reviewed by the Finance Operations and Transformation Director and a legal representative of WVI. Form 990, Part VI, Line 12c Conflict of interest policy There is an annual conflict of interest disclosure statement that staff has to acknowledged and disciplinary action may include termination of employment. Form 990, Part VI, Line 15a Process to establish compensation of top management official The organization engaged a compensation consulting firm to conduct an independent review of executive compensation. The data was gathered and analyzed by the head of Human Resources and the recommended compensation package for the CEO was approved by the full board. Form 990, Part VI, Line 15b Process to establish compensation of other employees This process was also used to established the compensation for the positions of the CFO, Chief Development and Impact Investment Officer, Chief Strategy Officer and Global Director of P&C and Governance. This was last carried out in 2023. Form 990, Part VI, Line 19 Required documents available to the public The organization makes its annual report available to the general public on its website, including financial reports. Other documents are available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Changes in value of Net Assets in Subsidiaries - 1979569; World Vision International 800 West Chestnut Ave Monrovia CA CA 953202116 Relief Agency CA 501(c)(3) 1 Na false VisionFund Republica Dominicana SAS Calle Lea de Castro numero 205 Gazcue Santo Domingo DR Microfinance DR VFI C Corporation 276352 13107897 true VisionFund DRC SA 17/5 Avenue Basoko Ngaliema - Kinshasa CG Microfinance CG VFI C Corporation -2222522 6342475 true Banco VisionFund Ecuador SA Ave Jaime Rivadeneira 6-88 Ave Mariano Acosta Ibarra EC Microfinance EC VFI C Corporation 4400448 142939767 true VisionFund Ghana Micro Credit Limited CT 78 PMB Cantonments Accra GH Microfinance GH VFI C Corporation -324053 10576673 true VisionFund Guatemala SA 1ra avenida 2-36 zona 2 Chimaltenango GT Microfinance GT VFI C Corporation -422863 14628336 true FUNED VisionFund OPDF Col Montecarlo Boulevard Morazn detrs de Pizza Hut Tegucigalpa M HO Microfinance HO VFI C Corporation 949976 15852535 true VisionFund India Private Limited Door no 4 VOC 1st Street Kodambakkam Chennai - 600024 Tamil Nadu, IN Microfinance IN VFI C Corporation -312076 13824261 true VisionFund Kenya Limited PO Box 1676-00200 Nairobi KE Microfinance KE VFI C Corporation 1207187 12324911 true VisionFund Malawi Limited Area 2/766 along Mzimba Drive Opposite Malawi Blood Transfusion Private Bag A Lilongwe MI Microfinance MI VFI C Corporation -1217018 11278011 true Vision F Mexico SA DE CV SOFOM ENR SEVILLA NO 40 PISO 1 COLONIA JUREZ DELEGACIN CUAUHTEMOC CP MX Microfinance MX VFI C Corporation 459046 53940860 true VisionFund NBFI LLC Somang Plaza 403 15th Khoroo 13 khoroolol Bayanzurkh District Ulaanbaatar MG Microfinance MG VFI C Corporation 443306 4770538 true VisionFund AgroInvest LLC (Holding) Ul 8marta 52 Podgorica MJ Microfinance MJ VFI C Corporation -18841 9307177 true MFI Monte Credit LLC Ul 8marta 52 Podgorica MJ Microfinance MJ VFI C Corporation 495593 9361632 true VisionFund Myanmar Company Limited No11 3rd Floor Royal White Elephant Hotel and Office Kan St Quarter Hlaing Township Yangon BM Microfinance BM VFI C Corporation 556865 10158510 true EDPYME Credivision SA AV Prolongacion Cesar Canevaro 133 Coop de Vivienda Valle Sharon San Juan de Miraflores Lima PE Microfinance PE VFI C Corporation -111566 6451 true VisionFund Rwanda PLC POBox 6893 Kigali RW Microfinance RW VFI C Corporation -22934 6689425 true Visionfund Senegal Microfinance SA Sicap Amiti 1 n 4210 Immeuble SouRok1 Alles Seydou Nourou TALL Dakar SG Microfinance SG VFI C Corporation -28441 21151264 true AgroInvest Fond LLC Hilandarska 23 11000 Belgrade RI Microfinance RI VFI C Corporation 124579 289735 true VisionFund Lanka Limited 619/8 Dr Danister De Silva Mawatha Colombo 09 CE Microfinance CE VFI C Corporation 925784 41105 true VISIONFUND TANZANIA MFB LIMITED 6th Floor AICC Building Serengeti Wing POBox 1546 Arusha TZ Microfinance TZ VFI C Corporation 100419 24588917 true VisionFund Uganda Limited Plot 256/257 Makerere Kavule Bombo Road Kampala UG Microfinance UG VFI C Corporation 1537490 14853465 true VisionFund Ukraine 63A Bohdana Khmelnytskoho Street Kyiv 01054 UP Microfinance UP VFI C Corporation 425782 444829 true VisionFund Zambia Ltd Plot Number W4/V4 Meanwood Drive Meanwood IbexHill Po Box 33911 Lusaka ZA Microfinance ZA VFI C Corporation -231345 11261253 true true true false true false true false false false false false true false false false false false false false VisionFund Republica Dominicana SAS A 370534 Fair market value VisionFund Republica Dominicana SAS B 223124 Fair market value VisionFund Republica Dominicana SAS D 3522678 Fair market value VisionFund Republica Dominicana SAS L 154864 Fair market value VisionFund DRC SA A 237828 Fair market value VisionFund DRC SA D 3760010 Fair market value Banco VisionFund Ecuador SA A 870719 Fair market value Banco VisionFund Ecuador SA D 12500000 Fair market value Banco VisionFund Ecuador SA F 691564 Fair market value VisionFund Ghana Money Lending Limited A 741162 Fair market value VisionFund Ghana Money Lending Limited B 202500 Fair market value VisionFund Ghana Money Lending Limited D 2618460 Fair market value VisionFund Ghana Money Lending Limited L 151690 Fair market value VisionFund Guatemala SA A 923314 Fair market value VisionFund Guatemala SA B 354083 Fair market value VisionFund Guatemala SA D 7884477 Fair market value VisionFund Guatemala SA L 255348 Fair market value FUNED VisionFund OPDF A 435818 Fair market value FUNED VisionFund OPDF B 430000 Fair market value FUNED VisionFund OPDF D 5186554 Fair market value FUNED VisionFund OPDF L 213619 Fair market value VisionFund India Private Limited A 729703 Fair market value VisionFund India Private Limited D 8970000 Fair market value VisionFund India Private Limited L 178020 Fair market value VisionFund Kenya Limited A 203816 Fair market value VisionFund Kenya Limited B 958640 Fair market value VisionFund Kenya Limited D 1933739 Fair market value VisionFund Kenya Limited L 158555 Fair market value VisionFund Malawi Limited A 589168 Fair market value VisionFund Malawi Limited B 297000 Fair market value VisionFund Malawi Limited D 3833109 Fair market value VisionFund Malawi Limited L 124943 Fair market value Vision F Mexico SA de CV SOFOM ENR A 1973043 Fair market value Vision F Mexico SA de CV SOFOM ENR D 13396508 Fair market value Vision F Mexico SA de CV SOFOM ENR L 749735 Fair market value VisionFund Mongolia NBFI LLC L 64305 Fair market value MFI Monte Credit LLC D 2675217 Fair market value MFI Monte Credit LLC L 147346 Fair market value VisionFund Myanmar Company Limited L 218392 Fair market value VF Rwanda Ltd B 255690 Fair market value VF Rwanda Ltd D 803540 Fair market value VisionFund Senegal A 256998 Fair market value VisionFund Senegal B 239654 Fair market value VisionFund Senegal D 8633046 Fair market value VisionFund Senegal L 259395 Fair market value VF Lanka Private Ltd A 112991 Fair market value VF Lanka Private Ltd B 2141323 Fair market value VisionFund Tanzania Microfinance Bank Limited A 156671 Fair market value VisionFund Tanzania Microfinance Bank Limited B 824938 Fair market value VisionFund Uganda Limited A 578449 Fair market value VisionFund Uganda Limited B 730541 Fair market value VisionFund Uganda Limited D 4250063 Fair market value VisionFund Uganda Limited L 197970 Fair market value VisionFund Ukraine B 700000 Fair market value VisionFund Zambia Ltd A 651496 Fair market value VisionFund Zambia Ltd B 280650 Fair market value VisionFund Zambia Ltd D 2845441 Fair market value VisionFund Zambia Ltd L 137644 Fair market value