Project Everest creates socially beneficial products and services that are tailored to solving issues in local communities. Affordable, effective, sustainable, and consistently available solutions to real-world problems. Project Everest's internationally based internships expose you to the experience of tackling real social issues with a multidisciplinary team of other socially-minded students, learning leadership skills, being immersed within the local community, and being part of the global social change movement. 

Financial inclusion is a severe limitation for the Malawian economy, as only 18% of adults have access to a bank account, with only 6% of the nation’s population having access to formal lending. Savings is also a major issue: 54% of Malawians don’t have savings, with the major cause due to lack of money after expenses (Lee, Research Summary).

Without the opportunity to expand their businesses or pursue economic opportunities, Malawians are hampered in their capability to improve their financial situation and increase their income. Whilst some ingenious solutions have been created locally such as village banks (a collaborative effort by a community to distribute loans to their community), these organisations often cannot meet the demand among their communities, nor issue large-scale loans.

Experience

This project aims to increase access to socially beneficial assets through access to capital with a vision to establish a decentralised bridge of capital between the developed and developing world.

Malawians are alienated from formal financial services with the major issues being:

  • - Lack of collateral
  • - High-interest rates
  • - Fear of indebtedness
  • - Low/irregular income

Formal financial institutions provide some capital, but this is usually limited to those with a strong history of financial information. If consumers do not have an adequate financial history, they are either rejected or are charged high interest rates. Organisations external to the commercial banking system, such as FINCA (for-profit business) and Umunthu Microfinance (charitable organisation) have tried to provide access to finance to these communities, however it remains difficult for individuals to obtain loans through these organisations.

Without the opportunity to expand their businesses or pursue economic opportunities, Malawians are hampered in their capability to improve their financial situation and increase their income. Whilst some ingenious solutions have been created locally such as village banks (a collaborative effort by a community to distribute loans to their community), these organisations often cannot meet the demand among their communities, nor issue large-scale loans.

We welcome all disciplines, we have found the major fields to be:

  • Engineering
  • Science
  • Mathematics
  • IT
  • Conservation
  • Social Science
  • Environmental Science
  • Psychology
  • Humanities
  • International Development
  • International Relations
  • History
  • Social Work
  • Teaching
  • Law
  • Business
  • Commerce
  • Marketing

More information regarding the internship program can be found on the host program website

Visa Information

It is your responsibility to ensure you have the correct visa for the country where you will be studying. As the Global Experiences team is not a visa-issuing authority we cannot provide visa advice.

Contact Project Everest for visa and immigration information.

Eligibility and application

All applicants must meet the UQ's short-term experience eligibility criteria.

 Apply to UQ Apply to host

Cost

The program is approximately $4,980 AUD. More information regarding what is included in the program fee can be found on the host program website

Accommodation 

Housing is included in the program fee.

Credit for Internships

Some students may be able to receive credit towards their UQ program pending faculty approval. The Global Experiences Team is unable to provide further advice regarding internships for credit. If you are interested in seeking credit, please refer to the Credit for Internships page for more specific details

Key Dates

Application Deadlines

UQ: 10 March 2020
Host: 28 May 2020

Program Dates

Earliest Start: 29 June 2020
Latest End: 25 July 2020

 

Fast Facts

Type: Work Experience
Mode: Internship
Location: Blantyre, Malawi
Credit: Not-for-credit*
Cohort: Undergraduate and postgraduate


Some students may be able to receive credit towards their UQ program pending faculty approval. Please refer to the Credit for Internships page for more specific details.

Global Experiences Information Sessions

Students are encouraged to register and attend an information session to receive more details on the short-term application process, eligibility criteria, funding etc.​

Register