Microfinance updates
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Checking that training turns into business success
Microfinance Officer Alinafe Maluwa visited members to see their progress and support those whose businesses are struggling.
Programme updateWhy microloans matter for women
Microloans help women support themselves, create jobs and control their own money. In August, members were trained by accountant Mrs Else Kumwanje.
Programme updateMicrofinance and women’s empowerment
Empowering women means education, training and the means to make their own decisions. MASYAP’s loans give women financial independence and support th…
Programme updateInterest-free loans that help women provide for their families
MASYAP’s microfinance programme gives women small interest-free loans to run businesses that support their families.
NewsSix new support groups in Zomba join microfinance
The new groups at Ngwelero, Mponda, Balakasi, Mapanga, Nseula and Mmiliwa have joined the microfinance programme.
Programme updateWhy training comes before every loan
Training helps women succeed in business, reduces defaults and builds a habit of saving.
Programme updateMicrofinance loans help women start businesses
Women on the MASYAP microfinance programme are using their loans to start businesses, from tailoring to small shops.
NewsFour more women’s support groups launched in Zomba
MASYAP has started four new women’s groups in Zomba district, bringing HIV testing, youth mentoring and microfinance to rural women.
Programme updatePromising first repayments for the October cycle
The first repayments of the new loan cycle were very promising, and follow-up visits found the women’s businesses doing better.
Programme updateFollow-up visits after the August loans
MASYAP visited support groups to see what businesses members are running with their new loans and to understand the reasons for late repayments.
Programme updateAugust 2021 microfinance training: 197 women on the scheme
After completing the April–July cycle, women on the loan and savings programmes were trained ahead of the October–January cycle.
Programme updateMicrofinance training with Opportunity International, then new loans
83 women from 19 support groups attended two days of business and savings training with Opportunity International before receiving their loans.