The sole shareholder of the Company is Vision Fund International religious non-commercial corporation (registered at 800 West Chestnut Avenue, Monrovia, California 91016, USA) – the holder of 100% common (ordinary) shares of the Company.
VisionFund is the microfinance subsidiary of World Vision. In 1993, World Vision International (WVI) began to implement microfinance programming to benefit the economically active poor. In 2003, WVI recognized the importance and complexity of this ministry through its MFIs, and created VisionFund International (VFI) as a wholly-owned subsidiary of WVI. VFI is mandated by WVI to:
1. Provide governance, risk management control and specialty advice/support to all of its MFIs whether owned or controlled by VisionFund or WVI.
2. Manage the funding of all MFIs including donations and debt financing from VFI & third parties directly to the MFIs.