This loan is part of MicroLoan Malawi's effort to provide agricultural loans targeting farmers that are committed to investing in sustainable farming and producing commercially viable cash crops to repay their loans. This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit. The loan is provided in the form of farm inputs such as seeds, fertilizer & pesticides. Free ongoing training from MLF's specialist agricultural staff is a key component of the financing. By supporting this loan you are helping farmers in Malawi earn a sustainable livelihood.
About MicroLoan Foundation (MLF) Malawi:
MicroLoan Foundation Malawi is a non-profit organization that provides impoverished women living in the rural areas of Malawi with agricultural, solar, and business starter loans.
The organization targets underserved women and is dedicated to poverty alleviation. Loans issued through Kiva will allow MLF-Malawi to diversify funding sources, maintain socially impactful programs like skills trainings, and offer loans with lower interest rates.
Please note that if a lender makes a loan to a group containing a borrower that drops out, the lender will receive the full loan amount for that borrower back as a repayment near the start of the loan.
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