MicroLoan Foundation is a charity that financially assists and empowers female entrepreneurs living in extreme poverty in rural parts of Africa.
They help women support themselves, their families and their local communities by funding and developing their enterprises to become sustainable safety nets.
Introducing: MicroLoan Foundation on uHubs!
Since 2002, roughly 1.4 million lives have been positively impacted by their work.
MicroLoan Foundation was first imagined by Peter Ryan in 1998.
Whilst travelling through and working in Africa, he sought to find ways to support those living in poverty and difficult conditions.
After fundraising, planning, and strategy, MicroLoan Foundation’s first loans were made available to women in Malawi, in 2002.
Since then, the impact in sub-Saharan Africa has been evident, with continual progress in relation to 8 of the United Nations’ Sustainable Development Goals.
280,000 women, below the poverty line, have benefited from the project’s finance, alongside training to kickstart enterprises. Roughly 1.12 million children, in their care, have now been granted the opportunity to further their education and future life quality.
Poverty is a vicious cycle. It takes time to escape. By coupling business training with financials, MicroLoan Foundation hope to develop sustainable enterprises.
The aim? Self-sufficient female entrepreneurs who, with their families, can access and meet the daily needs of food security, housing, and healthcare. These are things we should all have!
MicroLoan Foundation emphasise the importance of savings.
There's a growing need for insurances against crop failure, family illness, and other unpredictable events.
Data is essential here too. By capturing factors, including how often families eat and improvements to living conditions, MicroLoan Foundation track their results well.
MicroLoan Foundation on uHubs
A shared purpose underpins a successful community.
We envisioned that our uHub would enable donors to stay informed about MicroLoan Foundation's mission through meaningful content and idea-sharing.
MicroLoan Foundation offer access to the hub for a modest fee of £15 per month which is essentially a direct donation to support their work.
Their donors are passionate about microfinance, female empowerment, and alleviating poverty, and that is reflected throughout the hub.
Though they suggested improvements, Maria and Malin had optimistic feedback!
MicroLoan Foundation benefit from the document and media library. It allows them to share videos to their community.
MicroLoan Foundation find the calendar and event scheduler highly useful.
MicroLoan Foundation view their hub’s news feed as a great way to continually update their community on advancements in sub-Saharan Africa.
Top 3 Community Tips, from MicroLoan Foundation
Track engagement on your videos to gauge the demand for your content
Encourage people to comment and engage on your posts
Use an open and visible calendar for event planning and scheduling
Sadly, 413 million people still live in extreme poverty in sub-Saharan Africa. We are freely contributing our digital resources to raise awareness on this issue, encouraging both education and engagement alongside donorship.
Please do visit MicroLoan Foundation’s website. We hope you can donate even the smallest sum: https://www.microloanfoundation.org.uk
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