What is WILFund and Microenterprise Development?
Microenterprise development is an approach to helping the poor become self-sufficient. It generates income, creates jobs, and establishes self-sufficient communities in some of the world’s poorest developing countries. WILFund works through World Vision’s MFIs in 45 countries that grant loans to ensure that impoverished women have access to credit. Repaid loans are recycled to help an ever growing number of poor entrepreneurial women globally grow their businesses, better support their families, generate jobs, and aid their communities. Working through World Vision’s sustainable development model, WILFund’s efforts invest in hard-working poor women, giving hope to families and whole communities, especially given they are provided in combination with assistance that addresses other primary needs such as clean water, food and agricultural training, primary health care, and education. Click here to read more about World Vision’s role in microenterprise development.
