Restoring and improving livelihoods
With the use of climate science and financial disaster risk management tools, ARDIS created an innovative and low-cost climate disaster recovery program.
In its first year, ARDIS protection was provided to VisionFund’s clients living in Cambodia, Kenya, Malawi, Mali, Myanmar and Zambia. 80% of the beneficiaries were women. The recovery loans provided by ARDIS have reached approximately 690,000 families, most likely benefitting up to 4 million people.
VisionFund and its partners aim to strengthen the ARDIS program, and plan on adding more MFI’s in years to come. Already the program has committed to providing an assessment of climate and country risks for new MFI’s in Uganda, Tanzania, Mexico and Sri Lanka. Increasingly, activities will be monitored and more knowledge will be shared while new and existing participants will receive training on an ongoing basis.
Together with their partners, VisionFund International and Global Parametrics will continue to meet ambitious social goals to improve financial inclusion, facilitate recovery lending and build resilient communities.
Doing makes the difference.