+265 888 603 673

Loans to bridge the delayed funding of projects in progress (Maintenance of vehicles, furniture, meeting supplier's obligation within the council administration). 

  • The Minimum loan amount is MK 3.0 million and maximum of MK 50.0 million
  • No grace period
  • The repayment period: minimum of 3 months, maximum of 6 months
  • Repayment Mode: Mandatory monthly Bank Standing order
  • Interest rate at Reserve Bank of Malawi(RBM) prime rate plus 2 percent  
  • Loan processing fee: 2 percent of the loan amount
  • Collateral:  The funded project, Moveable assets