Loan Product Details

Loan Product Details

Individual Loan Product
Target Market
  • Government of Malawi salaried employees for consumer purposes. Repayment is directly from the source
Objectives
  • Improve economic status of civil servants.
  • Contribute to socio-economic development.
  • Promote job creation.
  • Entrench entrepreneurship spirit
Requirements
  • National ID
  • GoM Employment number
  • Pay slip for most recent month (this is not a showstopper)
Thresholds
  • Minimum K500,000 to Maximum of applicant’s repayment capacity.
Collateral Requirements
  • Unformalised Government Guarantee
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