Total outstanding loan principal, including a proposed loan, must not exceed two times the member’s verified savings balance.
What we do
A financial model where saving, borrowing and shared benefit reinforce one another.
Vision Finance combines continuous member saving, responsible lending, transparent benefit-sharing, welfare support and a growing institutional fund for future collective investment.
Member loans
Clear terms before a member borrows.
Loan eligibility starts with the member’s own savings. Approval also considers member standing, existing obligations, intended use and an agreed repayment plan.
The constitutional rate is 15%; the approved period and calculation method are stated in the Lending Policy and each written loan agreement.
Credited to the VFG Group-owned fund and paid through the official Group banking channel whenever a loan is processed.
Interest sharing
How interest received creates shared value.
Interest actually received on each ordinary member loan is allocated across three beneficiaries.
30%Borrower
The borrower receives 30% of interest actually received as a loan-interest benefit. It is payable or creditable after the related loan is fully settled, unless validly agreed otherwise.
20%VFG Group-owned fund
This becomes institutional capital reserved for future group investments and approved collective opportunities.
50%Other members
The remaining half is divided equally among all other eligible individual members, excluding the borrower.
Interest-allocation example
If MWK 30,000 of loan interest is actually received
MWK 9,000 is allocated to the borrower (30%), MWK 6,000 to Vision Finance (20%), and MWK 15,000 is shared equally among all other eligible members (50%). The separate MWK 20,000 processing fee is Group-owned income and is not part of this interest allocation.
Our account structure
Member capital and institutional capital are tracked separately.
This separation makes it clear what belongs to individual members and what belongs to the VFG Group-owned fund for future collective investment.
Individual savings & benefits
Each member’s savings, loan position and allocated benefits are tracked in that member’s records. A borrower’s 30% loan-interest benefit is recorded separately, while the other members receive equal shares of the 50% allocation.
Institutional investment capital
Vision Finance builds its own capital from the MWK 20,000 loan processing fee, its 20% share of loan interest and other approved group income. These funds are reserved for future group investments and agreed institutional purposes.
Repayment framework
Two months to prepare, then a repayment period matched to loan size.
The Constitution provides a two-calendar-month grace period from actual receipt of loan funds. Monthly savings remain due during the grace period.
6 months after grace
Total maximum period from disbursement: 8 months.
8 months after grace
Total maximum period from disbursement: 10 months.
+2 months per MWK 500,000 band
Each further MWK 500,000 band, or part of a band, adds two months, subject to the 2× savings ceiling and approval.
The constitutional interest rate is 15%. The Lending Policy and written loan agreement state the approved calculation method, rate period and any treatment during the grace period. Exact instalment dates are documented in the loan agreement.
Member payment channels
Use the correct channel for the correct fund.
Members should retain proof of every transaction and ensure the payment is recorded in the relevant member or welfare ledger.
Savings & loan-related payments
FDH Bank
- Account name
- Vision Finance Corporate
- Account number
- 1210000253993
- Branch
- Zomba
- Transfer channel
- FDH One Click
The FDH account was opened under the Group’s former name, Vision Finance Corporate (VFC). It remains the authorised bank account used by Vision Finance Group (VFG) pending any approved bank-name update.
Emergency welfare
Airtel Money
- Agent Code
- 1243569
- Purpose
- Welfare transactions
Use these details only for an authorised Group transaction. Verify the displayed recipient and payment purpose through VFG’s official contact before sending money. Keep your transaction reference.
01
Resilience
Emergency welfare support
The welfare fund is separate from ordinary lending and is designed for qualifying urgent member needs. Where the approved Welfare Policy provides a repayable welfare loan, the constitutional welfare-loan rate is 10%. Maximum support, repayment period and whether assistance is a grant or loan are governed by the approved Welfare Policy.
- Emergency-focused and separately recorded
- Disbursed through the designated Airtel Money welfare channel
- Leadership verification and transaction evidence required
- Welfare terms documented before funds are released
02
Capital formation
Continuous saving
Members contribute regularly and build their balances over time. The model is designed around accumulation rather than routine annual share-out, keeping capital available for member lending and long-term growth.
03
Knowledge
Peer learning
Members share practical experience in budgeting, entrepreneurship, borrowing, repayment and business planning, supported by downloadable learning resources.
04
Future opportunity
Collective investment
The VFG Group-owned fund is being built deliberately so that the group can pursue approved investments and enterprises without confusing institutional capital with individual member balances.
How a loan works
Save. Qualify. Borrow. Repay. Share the value.
1
Save
Build and maintain a verified member savings balance.
2
Apply
Contact the Secretary and submit a completed, signed Loan Application Form stating the amount and purpose.
3
Approve
The three-month waiting period, savings, obligations and affordability are checked. A written agreement and independent approvals are required.
4
Repay
Principal and 15% interest are settled under the approved schedule.
5
Allocate
Allocate interest actually received: 30% borrower, 20% Group-owned fund and 50% equally to other eligible members. The processing fee is separate.
Build with purpose
Stronger finances begin with disciplined action.
Explore membership, partnership or learning opportunities with Vision Finance Group.