Loan payments are made directly off of the staff's pay cheques. So if an employee had 1,250MWK owed to her at the end of the month, and her loan payment was 250MWK/month, she would receive net pay of 1,000MWK. This practice has kept the SACCOs delinquency and loan default rates very low, which is great! Paul and I are in the processes of piecing together our recommendations, as we will be presenting to the board on Friday!
Henock will be showing us around Blantyre tomorrow. The highlight should include the following:
- Orphanage – where Paul and I will be donating soccer balls, among other items!
- Presbyterian Church – apparently it is very large and Blantyre is known for this huge church!
- Anglican Church – Paul is Anglican, so this will be really cool for him!
- Tour de Blantyre – This isn't a location… rather, a reference that we'll get to drive around and explore this city.
I have included two photos with this entry. The first is the view outside of my hotel room! Beautiful! The second is a picture of Getrude and the two other clerks we are working with. Getrude is on the right!
Okay! Back to work! Later,