Where we work
413 million people live in extreme poverty in sub-Saharan Africa
MicroLoan Foundation are dedicated to helping the poorest people in rural Africa to transform their lives. We support them lift themselves and their families out of poverty. We work with some of the most vulnerable people in countries where poverty is endemic. where we work
Over 150 local people are currently employed across 28 branches in Malawi, Zambia and Zimbabwe. Over half of these are skilled Loan and Training Officers. Between them they support over 35,000 clients at any one time.
Malawi was where MicroLoan Foundation started its operations back in 2002. Since then MicroLoan Malawi has continued to grow and develop. Last year we worked with nearly 36,000 women and made over 50,000 loans.
Malawi has the lowest average loan size of the three countries at just £54. This reflects the level of extreme poverty that our clients face. In addition to the barriers of poverty, our clients also have to navigate the challenges brought by the droughts, floods and famines that the country is prone to.
Despite these challenge our operations in the country have been able to expand and we currently have 16 branches employing 96 staff members. We want to keep expanding in the country so that we can help even more women on their journeys out of poverty.
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MicroLoan has been operating in Zambia since 2008 and has been growing steadily since then. Last year we worked with over 10,000 women and made almost 15,000 loans.
The average loan size here is £101. In 2019 MicroLoan’s head office moved from Chipata to Lusaka, in line with our expansion strategy. We now have 12 branches, our newest branch in Kasama saw us move into the Northern region on the country.
Our Zambia team is made up off 46 members of staff. 33 of which are our talented Loan and Training Officers who work with up 262 women each, visiting groups in the most rural areas of Zambia.Find out more
MicroLoan began operations in Zimbabwe in April 2017, with the first loan disbursements being made in two villages: Molife and Pote, just north of Harare. We now have 680 active clients with the average loan size being £114. 100% of clients have attended follow up meetings and made their repayments on time.
We are planning to grow steadily, to ensure that we offer our clients the right support. With a head office in Harare, we plan to be working with over 7,000 women in Zimbabwe by 2021.Find out more