Loan of €335,000 *
(Equivalent in local currency)
*Outstanding amount at grant valuePartner website
Despite good progress in recent years, the Malawian population continues to face significant development challenges. The economy depends heavily on the agricultural sector (29.5 % of GDP) and poverty levels are particularly high in rural area.
MLF Malawi is a Tier 3 institution established in 2002 by MLF UK, a charitable organisation dedicated to microfinance activities in sub-Saharan Africa. The institution offers low-interest loans paired with financial literacy and business training to enable rural women to start or grow agriculture and small businesses.
MLF Malawi is committed to increasing access to financial services and reducing poverty. Since its inception the organisation has served over 210,000 financially excluded women, enabling them to start or grow income generating activities increasing profits and household income.