A MicroLoan Gift to a friend or colleague keeps on giving, and will help a whole community break free from poverty this Christmas
Mrs Alifosina Mkonde turned her starter loans and training into a small business empire slowly lifting her whole community out of poverty. This Christmas help us create even more super entrepreneurs.
Dear supporter,
The festive season is upon us and as we sit down to enjoy a mince pie or two and raid the chocolate tin, the reality for the women we support is very different.
Sub-Saharan Africa is home to over half of the world’s poorest people. They are forced to survive on little over $2 per day and struggle to educate, clothe or even feed their families.
This Christmas you can help a woman begin her journey out of poverty.
And just as with Alifosina, you could be opening up untold possibilities for many more…
Alifosina is the mother of eight children and lives in a small village on the outskirts of Lilongwe, Malawi. To support her family she set up a small grocery stall selling rice, groundnuts and maize 10 years ago.
She wanted her children to gain the education she never had. But with limited resources she struggled to generate enough income to support her family’s needs.
Alifosina joined MicroLoan in 2012 and invested her $50 starter loan into her grocery stall. It quickly became clear that Alifosina had a talent for business, just like so many of our wonderful women clients.
Alifosina worked hard and as a result her profits more than doubled. She was able to turn her grocery stall into a permanent shop in her village.
But her ambitions didn’t stop there. She opened up her own mill in the heart of the village. It serves local farmers, other businesses and creates jobs.
When she first started as an entrepreneur Alifosina Mkonde was barely able feed her family.
Now she runs multiple businesses which are helping her family and entire village to thrive.
All of her children are now in full time education and her businesses have created employment opportunities for others in her village. They in turn now have the means to support their own families.
A business doesn’t just change the owner’s life, it has the potential to impact the whole community.
A donation of $50 will unlock a business loan for another woman like Alifosina so she can take her first steps as an entrepreneur.
If you have any questions about our work or you would like to get further involved with MicroLoan Foundation Australia please phone or SMS me 0417 211 366 or email brian@microloanfoundationaustralia.org.au
Thanks again for all of your support. Without it we could not obtain the results we continue to achieve in Malawi, Zambia and Zimbabwe.
Wishing you a wonderful Christmas time
In gratitude,
The Microloan Team
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