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Entrepreneur you can fund

How it works:
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Loissie Kamanga Murwa

Introduction - Written by our field partners

Loissie Kamanga (28) earns a living buying and selling fish and beans in her local community. With the money she receives from Deki, she will increase her stocks, which will give her the potential to increase sales and run a more profitable business. Besides running a business, Loissie is a busy mother of three, and all of her children attend primary school. She hopes that with the aid of a Deki microloan she will be better able to support them in the future.

Field Partner: Temwa

Temwa

Temwa was established in 2003 to raise funds to implement community-based projects in Malawi. The organisation is based in Usisya, a remote area on the north shore of Lake Malawi. Usisya has no electricity or running water and is severely affected by the AIDS epidemic.

Temwa's mission is to create hope for the future by providing an infrastructure to support Malawian families facing financial and humanitarian hardship. They create partnerships and programmes to equip the local population with the skills and resources to ensure ongoing health, education, and financial stability.

In terms of microfinance, Temwa focus on the most vulnerable groups: people with HIV or AIDS or their carers, people caring for orphans and female-headed households.
Uniquely Temwa loans are commission and interest free as we have secured funding for a loan officer to work in this remote rural area.

Also lending to this entrepreneur

Brad Andrew Anette Emsy Peter Bill Lender wishes to remain private David Lender wishes to remain private Pip Carole Andrew Gerry

Key information:

  • Name: Loissie Kamanga
  • Trade: Fish & Beans
  • Total loan required: £200
  • Repaid so far: £118

Fundraising progress:

£118
Repaid £200
Required
Only £82 left to repay

Location - Murwa, Malawi

Nicknamed 'The Warm Heart of Africa', Malawi is a landlocked country in the southeast of the continent. The name Malawi comes from the Maravi, an old name for the Nyanja people who inhabit the country.

Malawi is among the world's least developed countries. The economy is heavily based on agriculture, with a largely rural population. Malawi has a diverse population made up of native peoples, Asians and Europeans. An array of religious beliefs are held, including traditional indigenous, Christian and Muslim.

Deki's field partner in Malawi has its headquarters in Usisya, a remote area of coastal plain on Lake Malawi's north-eastern shore. There are no banks in this area. Deki loans have enabled local people to start or expand small-scale business activities without having to resort to local moneylenders charging extortionate interest rates.

Some statistics:

  • Capital: Lilongwe
  • Official languages: English and Chichewa
  • Population: 14,900,841 (in 2010)
  • GDP: $5,106,263,007 (in 2010)
  • Percentage of people living on less than $1.25 a day: 73.9% (in 2004)
  • Adult literacy rate: 74%
  • Estimated adult (aged 15-49) HIV prevalence: 11%
  • Life expectancy: 53

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