Elsewhere, Ntchisi branch has registered tremendous improvement in its collections and the FINES loan portfolio’s collections stand at 100% while the NEEF generic loans’ collections stand at 68% up from 31%.
NEEF countrywide has disbursed MK52 Billion to more than 132, 000 and the subsequent growth of the loans portfolio in Kanengo, Kasungu, and Lilongwe old town branch, according to Chisepeya, has prompted the Fund to open new branches in each of these branches in order to improve service delivery and monitoring of the loans.