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Kredits Signs a Global Agreement with VisionFund

SALT LAKE CITY - February 2012 -Kredits, LLC and VisionFund International entered into a global agreement to use Kredits as a technology solutions partner.  This partnership enables Kredits to be implemented in  select VisionFund International Microfinance Institutions throughout the world. 

“We are very excited to collaborate with VisionFund.” said Don Eggert, CEO and Co-Founder of Kredits, “We have tremendous respect for their global microfinance work and look forward to combining our expertise in our mutual efforts to expand financial services to the world’s poor.” 

VisionFund International, the microfinance partner of World Vision, opens and operates microfinance institutions in impoverished rural communities in 36 countries of the world.  Through offering small loans and other financial services to families living in poverty, VisionFund aims to impact the lives of children by creating change among its clients. Training and supporting them in setting up and running their own successful businesses, VisionFund clients work to provide sustainable income and lasting change for their families.  

Kredits, LLC is internationally recognized for its scalable and reliable microfinance software solutions, as well as its ability to conform to varying operating and regulatory requirements around the world.  This is important for VisionFund because of its global presence.  Each of VisionFund’s network MFIs operates in a different lending and regulatory environment.