Malawi microfinance firm Neef disburses K2.9 billion in group loans | Malawi Nyasa Times

The National Economic Empowerment Fund (Neef), formerly Malawi Enterprise Development Fund (Medf), says it has released K2.9 billion under the National Economic Empowerment program from February to date.
Neef chief executive officer Humphrey Mdyetseni: The fund has between February and March disbursed togroups e–Photo by Watipaso Mzungu, Nyasa Times
NEEF Public Relations Officer, Whytone Kapasule, said in an interview on Monday that over 1,429 groups; 443 youth groups, 915 women and 71 others have so far benefited from the fund.
“From these groups, a total of 4,430 individuals have already benefitted representing 31 percent. But let me also stress that NEEF is planning to disburse the initial K5 billion by mid-May, 2021,” said Kapasule.

Related Keywords

Malawi ,Funsani ,Malawi General ,Malawians ,Whytone Kapasule ,Malawi Enterprise Development Fund Medf ,National Economic Empowerment Fund Neef ,Development Fund ,National Economic Empowerment ,National Economic Empowerment Fund ,Malawi Enterprise Development Fund ,Relations Officer ,Export Development Fund ,Subscribe Nyasa ,Neef Ltd ,மலாவி ,மலாவி ஜநரல் ,வளர்ச்சி நிதி ,தேசிய பொருளாதார அதிகாரம் ,தேசிய பொருளாதார அதிகாரம் நிதி ,மலாவி நிறுவன வளர்ச்சி நிதி ,உறவுகள் அதிகாரி ,ஏற்றுமதி வளர்ச்சி நிதி ,பதிவு ஞாச ,