Find the best lenders in Malawi for your needs

Finca MFB is a financial institution that provides loans and savings products for all customers. They aim to be an unconventional community-based bank that sustainably and responsibly provides innovative and impactful financial services to enable low-income individuals and communities to invest in their futures.

Amount

₦1,000 - ₦50,000

Tenor

1 - 12 months

Min. approval time

24 hrs

Countries

Interest rate

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Airtel introduced Airtel Money Kutchova to enable Airtel Money subscribers to access small loans when in need using their mobile phones. This provides financial assistance in where it may not be available or having stern conditions where available.

Amount

MWK 500 - MWK 80,000

Tenor

7 - 15 days

Min. approval time

24 hrs

Countries

Interest rate

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Chitukuko SACCO was created to offer financial services to individuals across various workplaces in Malawi. This member-owned cooperative operates democratically, allowing members to pool their savings and collectively fund each other's loans. The company offers low interest rates, insured loans, and readily available funds.

Amount

MWK 0 - MWK 1,000,000

Tenor

1 - 24 months

Min. approval time

24 hrs

Countries

Interest rate

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Green Fund Limited is a registered microfinance institution with the Reserve Bank of Malawi (RBM). They specialize in providing loans to individuals and groups, aiming to support and partner with forward-thinking entrepreneurs across Malawi. Their mission is to offer a variety of innovative financial services to economically disadvantaged yet proactive community members.

Amount

MWK 100,000 - MWK 2,500,000

Tenor

1 - 24 months

Min. approval time

24 hrs

Countries

Interest rate

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Standard Bank Plc, previously known as the Commercial Bank of Malawi is a subsidiary of the Standard Bank Group. It has over 50 years of local market knowledge and offers best banking solutions for large companies, Small and Medium enterprises as well as individuals. Standard Bank has 27 branches and over 700 employees.

Amount

MWK 50,000 - MWK 3,000,000

Tenor

1 - 60 months

Min. approval time

24 hrs

Countries

Interest rate

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Select Financial Services Malawi is a well-regarded financial institution dedicated to meeting the credit needs of individuals who might not have access to traditional financial services. It has a strong commitment to supporting government employees and is known for offering innovative financial products and services. With its continued focus on these areas, Select Financial Services Malawi is set to make a lasting, positive impact on the lives of people across the country.

Amount

MWK 100,000 - MWK 4,000,000

Tenor

1 - 72 months

Min. approval time

24 hrs

Countries

Interest rate

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Saile Financial Services is a microfinance institution established in 2004 to provide microfinance services to people in Malawi who would otherwise have little or no access to credit. They exist to uplift people's lives through the professional provision of their easily and timely accessed credit facilities to their clientele while professionally meeting the various needs of their stakeholders.

Amount

MWK 25,000 - MWK 4,500,000

Tenor

1 - 12 months

Min. approval time

24 hrs

Countries

Interest rate

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First Capital Bank, fully owned by FMBcapital Group, is a comprehensive commercial bank that provides a wide range of financial products and services for corporate, retail, and personal customers. With its broad selection of offerings, the bank serves various segments of the Malawian market and boasts one of the most extensive branch and agency networks in the country.

Amount

MWK 50,000 - MWK 5,000,000

Tenor

3 - 72 months

Min. approval time

24 hrs

Countries

Interest rate

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Finca is a microfinance institution that offers individual loans, savings, and insurance products designed to fit each customer and their evolving needs. The company makes it possible for customers across Malawi to conveniently access responsible banking services at any time.

Amount

MWK 500,000 - MWK 20,000,000

Tenor

6 - 24 months

Min. approval time

24 hrs

Countries

Interest rate

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Also referred to as the pan-African bank, Ecobank Senegal is an African bank for Africans. Their objectives are to enable a modern pan-African bank to thrive and to contribute to the economic development and financial integration of the continent.

Amount

F CFA 50,000,000 - F CFA 150,000,000

Tenor

12 - 120 months

Min. approval time

24 hrs

Countries

Interest rate

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