Empowering women across Malawi
October first loan repayments were very promising. The women are doing better in their businesses. Follow-up visits were conducted to the following support groups: Chilomoni, Ndirande, Mkwate, Lunzu and Machinjiri.
After loan disbursement in August, there have been follow-up visits to some of the support groups to see the type of businesses the beneficiaries are running. This assists MASYAP to establish the causes of late repayments.
Having finished the cycle (April- July 2021), in preparation for the upcoming disbursement for the Oct-Jan 2022 cycle, members in both loan and savings program were called in for trainings conducted on the 16th for the loan program and the
On 11th march we had 12 members from savings program from the following support groups: Alasala, Makwasa, BCA, Chiradzulu and Mtendere. These youths were trained on the importance of saving for future use. The facilitator emphasized on the need to
Following microfinance trainings, the latest loan disbursement occurred on 10th and 11th of March 2021 for the loan program and the savings program respectively. Youths were trained by Mrs. Comely Chinseu, a facilitator from Opportunity Bank. On 10th march we
MASYAP in partnership with Opportunity International conducted a 2-day for the members that are on the loan and savings program on 9th 8th of February 2021 respectively microfinance training with the aim of empowering the members financially as well equipping
The microfinance team made follow-up visits to four support groups to see how the women are copying with the COVID-19 pandemic. The women are straggling to make enough profits for their savings accounts. Most of the money that is being
In the month of August, 45 women from 9 MASYAP support groups were trained in readiness for their new microfinance loan cycle. The training was conducted by two trainers in MASYAP office from August 18th to August 19th. The training
MASYAP conducted follow-up visits to nearby businesses (around limbe) both and women and youth support groups to see how all members that are on the microfinance loan program are progressing in their businesses. Women The women are progressing well with
In the year 2017, MASYAP has managed to include all of its support groups on the loan scheme due to its successful running in the year.