It’s hard to imagine doing anything meaningful with just $10.00. But in Africa it can go a long way, and make a world of difference!
So we have created this gift store so you can give your friends and family a present by providing some of the poorest women in rural sub-Saharan Africa the education and support they need to build a self-sustainable business, and escape the never-ending poverty cycle.
By providing a microloan, our female clients are able to use their business profits to feed their children more nutritious meals, provide them with an education and save money for emergencies. Loan capital is typically recycled around 2.5 times per year so your $10 gift if given for this purpose, delivers $25.00 of support in Africa.
Loan capital is continually recycled. For example: Last year MicroLoan Foundation internationally sent $1.2 million to Africa, but prior year’s Givings allowed us to provide more than $4 million in loans. This is a gift that grows.
From opening our Mulanje branch in May 2009 till September 2016, MicroLoan Foundation Australia has sent $228,014 to Malawi and provided over $1,137,817 of loans!
So, using our secure Gift Store, give a gift which will grow.
We will use your gift to fund our work wherever the need is greatest.