Help a whole community break free from poverty. Thank you!
Mrs Alifosina Mkonde turned her loan and training into a small business empire, lifting her community out of poverty.
Sub-Saharan Africa holds over half the world’s poorest. They survive on $2 a day and struggle to educate, clothe and feed their families.
You can help a woman begin her journey out of poverty.
Alifosina is a mother of eight living in a small village in Malawi. To support her family, she set up a grocery stall. She wanted her children to be educated so she joined MicroLoan and used her $50 starter loan to grow her stall into a permanent shop. Today she runs multiple businesses, her children are at school and her businesses have created jobs for others who can now support their own families.
A business doesn’t change one life, it impacts the whole community
A donation of $50 is a loan for another woman so she can take her first steps as an entrepreneur.
Providing business services to the poor
Our vision is a world where all those living in poverty have the opportunity to build better lives for themselves and their families.
We aim to do this through our mission which is to provide the poorest women in sub-Saharan Africa with the tools and skills to enable them to work their own way out of poverty.
By giving hope not handouts, we help women so poor they cannot get funds from normal lending avenues, use our business banking, training and mentoring services to start their own businesses and create a better life for themselves, their families and employees and ultimately their villages.
And we are honoured that our clients are proud to be able to use our services, and through their own endevours, build their own businesses to help themselves.
MicroLoan Foundation Australia is a non-profit organisation that uses the social microfinance model to provide small loans, business training, and ongoing support to the poorest women in sub Saharan Africa so they can start small businesses. The businesses help them take their families out of poverty. There are many ways you can help us help women work their way out of poverty.
Everyday Elena struggles
My children go to bed hungry and my small home lets in the rain.” Elena lives in a small rural village in Malawi, one of the poorest countries in Africa. “I had to leave primary school because my parents could not afford the payments or even to feed me so I had no option but to marry to survive. Then, by the time I was 20 with three children, I was again in the same position, struggling to feed my children each day and keep the roof on our small house from leaking. My children had to miss school like me because I could not afford the fees or books. The little money that did come in didn’t go far enough – I really knew what poverty feels like.
I really felt crushed thinking about the difficulties we faced I had plans but I had no idea who to turn to help. I want to leave my children better off than I was and I could not see how that was going to happen. Then I met Doreen my MicroLoan Foundation Loan Manager.
We give our clients a very small business loan which they pay back to us with a very small interest. We also give them business training and work with the women so they can build successful businesses. By doing this we are giving them the tools to build a good future. You can give to help us do this work in many ways.
We are always looking for people to help out at events, host events, share our mission with friends and colleagues, and generally promote MicroLoan Foundation Australia. We always need – and appreciate your help if you are able to volunteer some of your time for us.