{"id":4276,"date":"2016-08-09T15:18:28","date_gmt":"2016-08-09T14:18:28","guid":{"rendered":"https:\/\/selfhelpafrica.org\/uk\/?p=4276"},"modified":"2016-12-21T16:21:29","modified_gmt":"2016-12-21T16:21:29","slug":"malawi-savings-groups-supporting-hundreds-of-small-businesses","status":"publish","type":"post","link":"https:\/\/selfhelpafrica.org\/uk\/malawi-savings-groups-supporting-hundreds-of-small-businesses\/","title":{"rendered":"Malawi savings groups supporting hundreds of small businesses"},"content":{"rendered":"

The Sanambe village savings and loans club\u00a0in Malawi (pictured) \u00a0is amongst hundreds of community-based groups supporting enterprise and job creation in the southern African country.<\/p>\n

Provided with\u00a0training and technical support, the Sanambe group is one of nearly 350 village savings groups being supported by Self Help Africa in Malawi.<\/p>\n

Almost 6,000 of the total membership of just over 7,500 are women, who are supported to establish small on and off-farm income generating businesses with loans that they can borrow from their community-based club.<\/p>\n

The member-run groups \u00a0encourage and promote a culture of savings, and administer the disbursal of small loans to their members.<\/p>\n

Borrowers who have received loans under the Malawi programme\u00a0have been supported to purchase livestock, trade cereals, process farm-produced goods and establish small shops and market stalls.<\/p>\n

At the end of 2015 the Malawi savings and loans programme had a loan book of approximately \u20ac80,000, and was providing thousands of loans to support members with the creation of businesses and local employment opportunities at village level.<\/p>\n","protected":false},"excerpt":{"rendered":"

Savings programme is supporting thousands of rural poor villagers in Malawi<\/p>\n Read More<\/a>","protected":false},"author":3,"featured_media":4277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[685,677,637],"tags":[552,743,76,742,211,144],"class_list":["post-4276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gender","category-malawi","category-news","tag-business","tag-employment","tag-enterprise","tag-loans","tag-malawi","tag-savings"],"yoast_head":"\nMalawi savings groups supporting hundreds of small businesses - Self Help Africa UK<\/title>\n<meta name=\"description\" content=\"Savings groups are supporting business development in Malawi\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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