MicroLoan Foundation provides small loans & ongoing training & mentoring to impoverished women in sub-Saharan Africa. This enables them to set up small businesses & work their way out out of poverty.
MicroLoan Foundation (MicroLoan) is a UK-based microfinance charity that provides small loans, basic business training and ongoing mentoring support to poor women in sub-Saharan Africa. We currently operate in Malawi and Zambia, supporting over 28,000 women directly, and approximately a further 140,000 of their dependents.
With the training and capital we provide, our clients set up small, self-sustainable businesses such as market stalls or bakeries. Our ongoing, in-depth business training and mentoring ensures the success of their businesses. Profits made are invested in healthcare, food and education for their children, as well as saving for a sustainable future free from poverty.
Once their businesses are up and running, the women re-pay their loans. We have a 99% repayment rate. MicroLoan then recycles these loans, to make more loans. Again and again. So the impact of a donation to MicroLoan Foundation continues to be felt, year after year. It's a brilliantly simple, powerful idea. Every penny you donate, keeps on giving.
MicroLoan Foundation aims to:
- Having a positive, sustainable impact on livelihoods in the communities in which we work.
- Being transparent and accountable, both in the way we spend the funds we raise and in our own performance.
- Maintaining a dynamic and entrepreneurial culture; our clients are treated as business people rather than recipients of charity.
Established: January 2002
Registered Charity Number: 1104287
Board members: 10
Full time staff: 9
Part time staff: 3
Phone number: 020 8827 1695
Address: 1 Canal Court, 152-154 High Street, Brentford, London TW8 8JAView charity accounts on the Charity Commission website
Poverty Reduction Through Enterprise DevelopmentMicroLoan provides small loans, training and support to impoverished women in Africa. Our ... More