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Contact: Alistair Chase
Areas of Interest: Microfinance, Capacity Building, Business and Commerce
Areas of Potential Partnership: Microfinance, Capacity Building, Business and Commerce
Address: Lamb House Church Street
Postcode: W4 2PD
Telephone: 020 8996 1731
The MicroLoan Foundation (MLF) is a UK based charity that provides loans to womens
groups in Malawi to help them build small businesses. The women use the money they earn to
feed, clothe and educate their families, and to work their own way out of the poverty trap. The
mission of the charity is to significantly reduce the depth and breadth of poverty in the
communities within which it operates. MLF is a registered UK charity and patrons include
Bob Geldoff, the Bishop of Kensington and Gabby Logan.
MLF opened its first office in Malawi in 2001. The operation in Malawi now has its own
trustees and employs 20 people working from five offices. In the UK MLF has, until recently,
been staffed entirely by volunteers who pay their own expenses including travel to Malawi.
MLF employed the first full time employee in April 2006.
MLF currently has loans to over 200 womens loan groups. In 2005 the charity made over
2,500 individual loans with a loan repayment rate of 97. The average loan is about 50
and the women use the money to develop businesses such as general buying and selling,
drying fish, making clothes or running a small caf. For most of the women, it is the first time
that they have had access to any earnings and they use the money to buy food for the family,
waterproof their homes and pay for their childrens schooling.
Mainly private donations.
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