By Linda Thomson-Clem | Executive Director
Greetings,
10 students and 3 adults (including yours truly) leave for Madras in mid June. We will be visiting the Chickolongo Community Fish Farm to see how much progress has been made in the past few months. We will take photos and bring back stories to share with you in the next report.
Until then, here are the key facts from our work in 2013:
Fact Malawi Zambia Total/Average
Number of clients 26,371 3,711 30,082
Percentage of portfolio 88% 12%
# women’s groups 1,673 234 1,907
# of loans disbursed 82,880 7,295 90,175
Value of loans $5,135,490 $1,613,770 $6,749,260
Average loan size $89 $214 $104
Number of staff 102 17 119
Repayment rate 99% 97% 99%
Avg. starting loan $63 $120 $69
Avg. standard loan $74 $145
Avg. Farming loan $91
Avg Medium loan $87
Avg. Bridging loan $371
Avg. Chiyambi loan $21
Avg. Mwakhoza $265
Avg. Nkunzi $554
Regards,
Linda
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