Frequently Asked Questions
What is National Economic Empowerment Fund (NEEF)?
NEEF is a government initiative established to promote economic empowerment among Malawians, especially those from marginalized groups, by providing financial assistance and support for entrepreneurship and business development.
Who is eligible to apply for funding from NEEF?
Eligibility includes Malawian citizenship, a viable business proposal, and a focus on economic empowerment, especially for marginalized groups like women, youth, and persons with disabilities.
How can I apply for a loan from NEEF?
Complete the NEEF application form at their offices. Ensure that you have the required documents and meet the eligibility criteria.
What kind of businesses does NEEF support?
NEEF supports businesses in various sectors, including agriculture, manufacturing, services, and technology. Priority is given to projects with job creation potential and economic growth.