boosting women-owned enterprises Grace Mapulanga boosted her business with a MK500,000 NEEF women enterprise loan and she now makes a profit of more than MK80,000 per month. Grace Mapulanga, 44, is a business woman who runs a grocery shop in Lilongwe, Area 49 Shire. She started her business with a capital of MK300,000 from which she…
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Slyveria Natowo, 47, is a resident of Malonda Village in Traditional Authority Nkalo in Chiradzulu South. She started by rearing goats that she bought in 2016. Her quest to expand the business and venture into dairy farming failed as banks deemed her unable to borrow due to lack of collateral, credit history, audited financials, and…
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In a country where poverty and inequality remain stubbornly high, the power of a simple, small loan to those that fate and circumstances have disadvantaged cannot be overemphasised. At least that is the impression one gets after interacting with 28-year-old William Mwambila, who graduated from Salima Technical College with a diploma in information technology. Initially…
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