In 2009, two Directors from Barnardos Children’s Charity in the UK, carried out a 4 month independent research program into the work of MLF in Malawi by interviewing a cross section of women who were the recipients of our loans. Jane Stacey and Jane Parker also took the unusual step of interviewing the children of these women to get an understanding of their lives and how it was affected by MicroLoan.
The report makes fascinating reading, but the overriding message was that microloans did make a positive difference, and in more than half the cases, a significant difference to the quality of life for the client and her families.
The kids themselves saw many tangible benefits, not least being able to attend school more regularly, as their mothers had more money for school uniforms (the percentage of families where their children missed days at school because of no uniform fell from 56% before the loans to 5% post loans – page 34 report)
For a copy of the report go to the download here.