Why financial inclusion is about more than creating entrepreneurs
What difference does access to finance make to a woman’s life? Financial inclusion isn’t simply about creating entrepreneurs. It’s about giving people the tools and opportunities to build more secure lives, manage uncertainty, withstand shocks, support their families and exercise greater economic agency.
Learn more about how we measure successMicroLoan Foundation is a social microfinance institution providing business loans and training to women facing poverty in sub-Saharan Africa.
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female entrepreneurs
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Success stories
Mrs Alifosina Mkonde is the proud mother of eight children, and lives in the outskirts of Lilongwe, Malawi. 11 years ago, she set up a small grocery stall selling rice, groundnuts and maize to support her family.
She dreamed that her children would get the education she never had. In reality, the family lived in extreme poverty and often went for weeks without food. Imagine the heartache of putting your children to bed hungry.
Determined to make a change, Mrs Mkonde joined a MicroLoan group in 2012, receiving extensive business training and a loan of just £13.
Take a look at where she is now.
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