MICROLOAN FOUNDATION

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -10.9%

  £4,895,759 → £4,363,632

• Cash

  -71.3%

  £1,391,187 → £399,240

• Net assets

  +23%

  £1,793,791 → £2,206,568

• Employees

  +22%

  268 → 327

• Wages

  -1.6%

  £1,752,737 → £1,724,478

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MICROLOAN FOUNDATION 2006-10-18 → present
2. MICRO LOAN FOUNDATION 2003-07-10 → 2006-10-18

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Sayer Vincent

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After having reviewed forward projections and making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on a going concern basis.”

Group structure

1. MICROLOAN FOUNDATION · parent
   1. MicroLoan Foundation Malawi · Malawi
   2. MicroLoan Foundation Zambia · Zambia
   3. MicroLoan Trust Zimbabwe · Zimbabwe
   4. Microloan Foundation South Africa (Pty) Limited · South Africa
   5. MicroLoan Foundation (Private) Limited

Significant events

• “In 2025, we will launch operations in South Africa, scale our programmes in existing countries, and develop new, client-centred solutions to meet the evolving needs of women entrepreneurs.”
• “During the year, MicroLoan Malawi made significant progress in introducing our clients to digital financial services. This includes extensive client training to build trust in digital transactions and a marketing campaign to raise awareness of the MicroLoan USSD code for repayments.”
• “In 2024, MicroLoan Zambia advanced its digital transformation with the establishment of a dedicated Innovation Department. The new team is spearheading the development of a digital ecosystem designed to enhance transaction security, improve operational efficiency, and reduce both administrative costs and environmental impact for our clients.”
• “In April 2024, the Reserve Bank of Zimbabwe (RBZ) introduced a new gold-backed currency, the ZiG, aimed at stabilising the economy.”
• “In response to the difficult operating environment, MicroLoan Zimbabwe reduced its monthly interest rate from 10% to 7% to ease the financial burden on clients.”
• “During 2024, the financial performance of our institutions in Malawi, Zambia and Zimbabwe were all significantly impacted by drought conditions.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.