The "Microloan For Mothers" Process
1. Interviews are conducted, and five mothers are selected to form a lending group.
2. Three meetings are conducted culminating in the issue of $100 to each of the five mothers.
3. Businesses begin. Mothers meet weekly at the facility for business training, fellowship, payment of loan installments, and deposits to their individual savings accounts.
4. MfM staff visits each mother monthly to receive an update on the their business. Staff then prepares a monthly progress report on each business that includes photos, financials and comments from the mother.