Resumption of MEDF Loan Disbursement


Malawi Enterprise Development Fund (MEDF) hereby notifies the General Public and its potential clients that preparations for loan resumptions are yet to be concluded and therefore loan disbursement will not commence on 1st September, 2020 as earlier on advised.

MEDF therefore would like to advise that preparations for loan disbursement have commenced with pre-requisite conditions to loan access among them; identification of beneficiaries and trainings on Youth and Women on Group Dynamics, Business Management Skills, Loan Repayment and Savings Culture. The beneficiaries will thereafter be assessed prior to loan disbursement in their respective areas.


MEDF has a variety of products targeting diverse sectors of the public as follows:
 Youth Enterprise Loans targeted at enterprising youths aged 18 to 35 years and can be accessed by individuals or groups
 Women Enterprise Loans for enterprising women aged 18 years to 60 and can be accessed either individually or as a group.
 Business Loans targeted at Small and Medium Entrepreneurs (SMEs) and can be accessed by individuals as well as groups.
 Agricultural Loans meant to finance farm inputs like fertilizers and seeds etc and can be accessed by individuals as well as groups
 Trade Finance Loans meant to finance short term contracts and orders

 Payroll Loans, a salaried loan to employees in Government ministries and departments, and in private sector which can be accessed by Civil servants.

These loans can be accessed at any of our Branches as follows: Mzimba Branch in DC offices, Mzuzu Branch next to Kips, Rumphi Branch in DC offices, Nkhatabay Branch in Fisheries Building, Karonga Branch near MBC Transmitters along M1, and Chitipa Branch in DC offices, Blantyre Branch in Namiwawa off Sanjika Road, Chikwawa Branch, Luchenza Branch in Upstairs Lodge Building, Phalombe Branch at the Boma opposite Phalombe Music Centre; Zomba Branch in FDH Bank

Comments

Popular posts from this blog

Airtel money reduces cash out fees to Malawi customers