Sarah Byabazaire Appointed Vision Fund Board Chair
Sarah Yvonne Byabazaire has been appointed Vision Fund Uganda Board Chairperson. Vision Fund announced her appointment as the Board Chair at Golden Tulip Cannan in Kampala on Thursday. She takes over from Constant Othieno Mayende.
Other Board members include; Christine Kawasiima, as deputy Board Chairperson, Worku Tsega and Jason Evans as shareholder representatives, Fredrick Mwesigye as Board member, and Mercy Sande Ainomugisha as Managing Director.
Byabazaire is a quality management consultant, with 12 years of experience in financial services, gained from working at Barclays Bank (Now Absa) and Stanbic Bank Uganda. She is a Certified Chartered Accountant (ACCA) and holds a master’s degree (MBA) from the University of South Wales, UK.
She also holds a certificate in Entrepreneurship Essentials from Harvard Business School, and a Bachelor of Social Sciences in Economics from Makerere University, Kampala.
Vision Fund has grown with a network of 21 branches and three contact offices operating in the eastern, western, central, northern and southern parts of Uganda. Currently, Vision Fund has reached out to 51,775 clients, of which 60 percent are women and impacting 203,964 children in Uganda.
Vision Fund serves low-income clients living in vulnerable and rural communities by offering financial and livelihood solutions, delivered through their Network, World Vision, and partners. This is through; empowering families to create income and jobs, and unlocking the economic potential for communities to thrive.
The products and services offered by Vision Fund fall into five broad categories: microloans, savings programs, microinsurance, training, and education. Benefits include sustainable livelihoods, increased economic well-being, improved community well-being, decreased dependence on outside aid, and restoration of hope and dignity.
Vision Fund Uganda expanded its outreach to the West Nile region to serve the refugees and their host communities in a world-first pilot. The project has improved financial inclusion with its first branch in Moyo, serving the Palorinya refugee settlement, Yumbe branch, serving Rhino Camp and Bidibidi Refugee Settlement.