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Microfinance updates
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Programme update
How microfinance members are coping with Covid-19
The microfinance team visited four support groups. Members are struggling to save during the pandemic, but the visits gave them fresh motivation.
Programme update45 women trained for a new microfinance loan cycle
Women from nine support groups were trained in managing their loans ahead of their new loan cycle, in small sessions to limit the spread of Covid-19.
Programme updateFollow-up visits to members’ businesses around Limbe
MASYAP visited women and young people on the microfinance scheme around Limbe to see how their businesses are doing.
Programme updateNew microfinance members trained as the scheme reaches every support group
In 2017 the microfinance scheme expanded to include all MASYAP support groups. New members were trained in managing interest-free loans.
Programme updateBusiness training for members with Opportunity Bank (OIBM)
MASYAP and Opportunity International Bank of Malawi trained women in every support group area to manage their businesses and finances.