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MicroLoan Foundation

Providing loans to help people help themselves

MicroLoan

microloannMicroLoan helps the most marginalised women in Malawi and Zambia to develop entrepreneurial solutions to poverty and inequality. Through the provision of small loans and business training they are encouraged to run a small and sustainable business. 
Providing people with small loans, each business idea is appraised and training sessions are given, covering topics such as book keeping and cash flow. These businesses then generate profits and savings which these women can spend on healthcare, food and education. With ongoing training and support, MicroLoan’s clients build the capacity of their businesses and in time secure long-term solutions to poverty. 

SDL Contributions

Support for the Mzimba Branch - Two tranches of £25K in 2009-2010:
• Disbursed over 4,000 business loans valuing £320,000 to over 1,000 impoverished clients.
• Through these services, more than 1,000 women developed small-scale businesses and supported approximately 5,000 children and dependents.  
• Received over £380,000 worth of repayments to achieve 96% level of branch sustainability in 2011 (the third highest level of all 21 Malawian branches).

Support for the Mchinji and Karonga branches - £50k in 2011: 
• Disbursed 3,500 loans valuing £220,000 to over 1,200 clients in Mchinji.
• Disbursed 2,000 loans valuing £150,000 to over 1,000 clients in Karonga.
• Achieved a 92% level of sustainability in Mchinji.
• Sustainability in Karonga was 57% over the period.  The lower level reflects the sparser population density (which increases branch costs).
• In Q1 2012, Mchinji won the ‘best branch’ award for strong loan book performance.  Mchinji was also involved in the initial design and piloting of the client training programme and the PPI.

Support for Post loan Disbursement training in the Mchinji branch - £50k in 2012-2013:
• Trained all Mchinji Training Officers in the new training programme.
• Delivered the adult-learning methodologies to over 1,800 impoverished women in Mchinji.
• Helped to established a broad range of different businesses, including trading fish (12.2%); grocery stores (7.8%); selling tomatoes (6.2%); and second-hand clothes (5.7%); amongst many others.
• Achieved a 99.6% level of repayment.
• Facilitated an average of £11 of savings per client.


BBC Lifeline Appeal

microloandeborahmeadenBBC Lifeline, a monthly charity appeal, works with charities to highlight important issues, such as poverty and health, facing the world today, encouraging viewers to understand the plight of those less fortunate and raise awareness of the charity. The British Broadcasting Corporation (BBC) is the UK's public-service broadcaster, headquartered at Broadcasting House in London. 

On Sunday 17th May 2015, BBC One aired MicroLoan's BBC Lifeline Appeal, which was presented by Business Leader and Micro Finance advocate, Deborah Meaden. Below is a link to the MicroLoan page, which will give you more information on the organisation. 

www.microloanfoundation.org.uk/bbclife/

SDL Foundation Involvement

“We are delighted to be working with the SDL Foundation and to celebrate five years of achieving significant change to disadvantaged communities around the world. The Foundation’s support is very important to MicroLoan’s drive to change the lives of impoverished women in rural communities of Malawi and Zambia by enabling them to set up their own sustainable businesses. The income from their businesses enables them to save, feed their families, buy life-saving medicines and send their children to school. On behalf of everyone from MicroLoan and our clients and their families we would like to thank the Foundation and all of the SDL staff for your generosity and commitment – you are inspiring to work with.”

Peter Ryan, Founder and Chief Executive Officer, MicroLoan Foundation.



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The SDL Foundation is committed to supporting sustainable development for communities across the globe sponsored by SDL employees.
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To provide support for sustainable, structural development that improves the quality of life for disadvantaged communities around the globe.
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MicroLoan Foundation

Providing loans to help people help themselves.