Malawi Market Profile

August 27, 2015 - 5:03am from MicroCapital
Qualcomm, a US-based semiconductor and telecommunications company, recently announced a collaboration with Project Concern International (PCI) India, a New Delhi-based branch of the US-based non-governmental organization PCI; Planned Social Concern (PSC), a microfinance institution (MFI) based in Jaipur, India; and Microware Computing & Consulting, an Indian telecommunications and software company. The organizations are launching a project called “Connecting India to Disconnect ...
August 6, 2015 - 6:08pm from Accion Ambassadors
Last week during his visit to Kenya, Obama reiterated his belief in entrepreneurship as the ‘spark of prosperity’ – in Africa in particular. So far this summer, I have found no shortage of young Zambians and Malawians who share this ideology. So why aren’t there more young business owners in Africa? I decided to speak to Brad Magrath – one of the two Zambian brothers who ...
August 3, 2015 - 3:03pm from GiveWell Blog
Good Ventures has granted $25 million to GiveDirectly for the support of GiveDirectly’s general operations. While the grant is unrestricted, we expect that GiveDirectly will most likely use this grant as follows: ~$6-9 million: to hire a marketing team to raise significantly more funding than GiveDirectly has raised in the past. ~$16-19 million: to provide cash transfers to extremely low-income ...
July 20, 2015 - 4:14pm from Accion Ambassadors
In my last blog post, I argued that Zoona’s agents are the ones who really make this company unique. So how does an ordinary person – even if they had a hard start in life or do not meet the minimum qualifications – become a successful Zoon franchise owner? How do they afford the start-up costs and have enough working capital? How do they get a loan without any credit history? Zoona has ...
July 18, 2015 - 8:28am from Accion Ambassadors
Last week I flew down from Lusaka to spend some time working with the product and development team down at Zoona’s HQ in Cape Town. The office here has the same vibrance and energy as the office in Lusaka, but a few additional touches that make you distinctly aware that you’re in the HQ of a cutting-edge start up. Each of the conference rooms are stocked with dry-erase markers to make the most of the IdeaPaint that cover the walls. Huge bean bag chairs adorn the recreation areas. And, ...
July 16, 2015 - 4:54pm from Microfinance a Working Solution to Global Poverty
In March, Opportunity Malawi participated in Global Money Week. This week, for Throwback Thursday (#TBT), we are remembering this year's event.  When thinking about the importance of financial awareness, it can be quite overwhelming at first. Managing money can definitely be difficult; I often feel a pang of panic whenever I take a quick peak at my bank account. Despite this, it is incredibly important for ...
July 16, 2015 - 4:54pm from Microfinance a Working Solution to Global Poverty
In March, Opportunity Malawi participated in Global Money Week. This week, for Throwback Thursday (#TBT), we are remembering this year's event.  When thinking about the importance of financial awareness, it can be quite overwhelming at first. Managing money can definitely be difficult; I often feel a pang of panic whenever I take a quick peak at my bank account. Despite this, it is incredibly important for ...
July 14, 2015 - 7:45am from Accion Ambassadors
My time at Akiba is drawing to a close. When I think back to the day I arrived here, stumbling into the hotel at 4:30am in a zombie-like state after 26 hours of traveling, it seems like months ago. Yet my assignment at Akiba has flown by. Over the past two weeks, I’ve been working on developing recommendations for Akiba’s website redesign – specifically on how to better communicate its mission and work in a ...
May 28, 2015 - 1:29pm from Microfinance a Working Solution to Global Poverty
This month, we released our Spring Global Report. Read on for more information about our latest stats and reporting from the field.  OPPORTUNITY'S GLOBAL MOMENTUM You helped us reach more impoverished families with financial services. As of 12/31/14, nearly 12 million customers spanning 28 countries are using an Opportunity loan, savings account and/or insurance policy to improve their lives. You helped us respond to the urgent needs of entrepreneurs ...
May 28, 2015 - 1:29pm from Microfinance a Working Solution to Global Poverty
This month, we released our Spring Global Report. Read on for more information about our latest stats and reporting from the field.  OPPORTUNITY'S GLOBAL MOMENTUM You helped us reach more impoverished families with financial services. As of 12/31/14, nearly 12 million customers spanning 28 countries are using an Opportunity loan, savings account and/or insurance policy to improve their lives. You helped us respond to the urgent needs of entrepreneurs ...
May 19, 2015 - 5:29pm from Center for Financial Inclusion Blog
> Posted by Center Staff In two weeks the first class of the Africa Board Fellowship (ABF) program will kick-off the fellowship in Cape Town, South Africa. The convening seminar marks the start of the inaugural fellowship, a six-month program aimed at strengthening the governance expertise of microfinance leaders in sub-Saharan Africa. The first class is composed of 31 board members and ...
May 15, 2015 - 9:22am from Accion Ambassadors
It’s that time of the year again – we at Accion are so excited to welcome the 2015 class of Ambassadors to our Cambridge office next week for their official orientation! We’ve got a fantastic bunch of candidates this year who will be working on all kinds of assignments – ranging from impact studies to product development to marketing strategy and human resources – and much more. Next week, ...
May 8, 2015 - 2:55pm from Microfinance a Working Solution to Global Poverty
I am blessed to be able to work for Opportunity International, a job I love, from a home office.  My search for advice for moms with home offices introduced me to a new term: Mompreneur.  There is a burgeoning industry of tools, advice, support and networking for moms creating their own income opportunities, while also caring for their family full time. This didn’t apply to me, but it certainly made me think of the Opportunity International clients I write about every day. They are the ...
April 7, 2015 - 7:23pm from Microfinance a Working Solution to Global Poverty
Running along the eastern part of the African continent, the Rift Valley is a prominent geological feature. Originally thought to extend from Jordan to Mozambique, geologists now note that the full Rift Valley is comprised of several smaller Rifts – including what is now considered the East Africa Rift, extending from the Afar Depression in Ethiopia to Mozambique. Unlike traditional valleys created by rivers or other forms of erosion, Rift Valleys are created by shifts in the ...
April 3, 2015 - 3:55pm from GiveWell Blog
In December, we published targets for how much money we hoped to move to each of our top four charities, with the expectation of revisiting these targets mid-year: In past years, we’ve worked on an annual cycle, refreshing our recommendations each December. This year, because we anticipate closing (or nearly closing) the funding gaps of some of our top charities during giving season and moving a ...
March 14, 2015 - 3:42pm from Savings Revolution blog
I saw this Savings Group (formed by Cadecom) in Mchinji Distric in Malawi earlier this week. It was a high performing group by almost any measure - and I’d like to talk about some measures that we don’t usually use. I thought there was something elegant and beautiful about the group. Not only did they take the time to ...
March 12, 2015 - 12:15am from Development Impact - News, views, methods, and insights from the world of impact evaluation
This post is co-authored with Thomas Pave Sohnesen Since 2011, we have struggled to reconcile the poverty trends from two complementary poverty monitoring sources in Malawi. From 2005 to 2009, the Welfare Monitoring Survey (WMS) was used to predict consumption and showed a solid decline in poverty. In contrast, the 2004/05 and 2010/11 rounds of the Integrated Household Survey (IHS) that measured consumption through recall-based modules showed no ...
January 21, 2015 - 5:01am from MicroCapital
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based provider of financial services to microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has issued the following three loans: (1) EUR 630,000 (USD 732,000) over a two-year period to Oxus DRC, a for-profit MFI based in the Democratic Republic of the Congo (DRC) that was launched in 2013 by the France-based Oxus Group; (2) EUR 271,000 (314,000 USD) over a three-year ...
January 20, 2015 - 1:58pm from MicroCapital
The Grameen Crédit Agricole Microfinance Foundation (GCAMF), a Luxembourg-based provider of financial services to microfinance institutions (MFIs) and other social businesses, recently informed MicroCapital that it has issued the following three loans: (1) EUR 482,000 (USD 555,000) over a two-year period to to Juhudi Kilimo, a for-profit provider of microloans and microinsurance in Kenya; (2) EUR 293,000 (USD 339,000) over a three-year period to Uganda Microcredit Foundation (UMF), a ...
December 23, 2014 - 6:20pm from MicroCapital
The Foundation for International Community Assistance (FINCA), a US-based nonprofit microfinance network, has formally launched the operations of FINCA Microfinance Bank (FINCA MfB) in Owerri, Imo, Nigeria, following the issuance of its license by the Central Bank of Nigeria (CBN) on October 30, 2014. FINCA MfB will provide various financial services, including deposit and loan products for Nigerian citizens and business owners. According to Mike Gama-Lobo, the Vice President and Regional ...