SDL Foundation Extends Partnership with MicroLoan Foundation into Zimbabwe

Long term MicroLoan supporter SDL Foundation announced last week a continued partnership to help MicroLoan to expand into Zimbabwe.

Peter Ryan, Founder and CEO, MicroLoan Foundation said “The grant from SDL allows us to extend our work into Zimbabwe, a country with great needs and immense potential. As our work in Malawi and Zambia demonstrates, relatively small sums of money generate large returns for the women we work with. With SDL Foundation’s contributions, we look forward to transforming the lives of Zimbabwean women.”
“We are immensely proud to be working with the MicroLoan Foundation to help fund the establishment of MLF in Zimbabwe,” said Alastair Gordon, Chairman of the SDL Foundation. “Enabling people who want to help themselves and who have the determination to generate income and be released from a reliance on aid goes to the heart of the SDL Foundation’s mission. The fact that these small businesses consistently repay the loans and also create further employment in their communities gives the SDL Foundation Trustees great confidence in this exciting new initiative in Zimbabwe.” 
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