Zione Tchale, 41, a mother of two children from Chabwera Village, Traditional Authority (T/A) Sitola in Machinga, lost her husband in 2002. She was forced to go back to her home village where, for seven years, she lived a tough life raising her children single-handedly as a jobless widow. After some six years, she decided…
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Board Chairperson for the National Economic Empowerment Fund Limited (NEEF) Jephta Mtema has challenged NEEF staff to disburse loans that they will collect to avoid saddling the Fund with non-performing loans. Mtema said this during a two-day preparatory meeting for the 2022 financial year that the Fund conducted on Friday and Saturday at Mponela in…
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The National Economic Empowerment Fund Limited (NEEF) on Saturday donated relief items to people affected by floods at Njeleza Camp in TA Kasisi in the Lower Shire District of Chikwawa. According to NEEF Board Chairperson Jephta Mtema, the donation was a response to the State President, His Excellency Lazarus Chakwera declaration of State of National…
Read MoreThe National Economic Empowerment Fund Limited (NEEF), a licensed Micro Finance Institution Wholly owned by the Government of Malawi and through the Board of Directors is seeking services of mature, ambitious, professional Malawians with passion for results and respect for ethics to fill the following vacant positions: 1. LEGAL SERVICES OFFICER – (1 Tenable at…
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The National Economic Empowerment Fund Limited – NEEF on Friday, 21st January 2021, interacted with the Musicians Union of Malawi (MUM) in order to orient the representatives of all Musicians in the country on the mandate and processes of the fund. The event which took place at Simama Hotel in Lilongwe was graced by the…
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NEEF HIRES 150 LOAN OFFICERS The National Economic Empowerment Fund Limited (NEEF) has implored new loan officers that the Fund has recruited to rise to the occasion and help the organisation achieve substantial growth. Speaking during the opening session of the new loan officers training at Linde Hotel in Dowa, NEEF’s board member Aram Beza…
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pROCUREMENT OF YAMAHA DT 175 MOTORCYCLES We understand the general public’s concern, however the nation must look at the opportunity cost of buying the Yamaha DT 175 motorcycles. If well managed, the Yamaha DT 175 motorcycles can last 20 years, thereby saving the Fund a significant amount of money in the long run. NEEF currently…
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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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National Economic Empowerment Fund Limited (NEEF) wishes to inform the general public that it intends to award a contract in line with section 48 of the Procurement and Disposal of Assets Act No. 27 of 2017 for the supply and delivery of Motor Cycles as follows: Lot Description Procurement Reference Number Successful Bidder Amount (MK)…
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The National Economic Empowerment Fund Limited (NEEF) has signed a Memorandum of Understanding (MOU) with the Technical, Entrepreneurial, and Vocational Education and Training Authority Teveta Malawi that aims at enabling Teveta Malawi graduates to access affordable loans from NEEF. Speaking during the MOU signing ceremony in Lilongwe on Tuesday, TEVETA Board chair Don Whayo lamented…
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