Dual-field-of-view Raman lidar measurements, detecting Raman-scattered light with two fields of view simultaneously, are used for the first time to retrieve cloud microphysical properties. The measurements are performed with the Multiwavelength Atmospheric Raman Lidar for Temperature, Humidity, and Aerosol Profiling (MARTHA) at the Leibniz Institute for Tropospheric Research in Leipzig, Germany. Light that is scattered in forward direction by cloud droplets and inelastically backscattered by N2 molecules is detected. A forward iterative algorithm uses the measured signals to derive profiles of the effective cloud droplet radius, extinction coefficient, and liquid-water content of the investigated clouds. The setup, algorithm, error analysis, and a measurement example are presented. The obtained liquid-water path is validated by observations with a microwave radiometer. With the capability to retrieve aerosol properties as well as cloud microphysical properties, the Raman lidar MARTHA is an ideal tool for studies of the aerosol indirect effect.