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Many Malawians struggle to get loans because they don’t have land or buildings to use as collateral. But that is changing. Banks in Malawi are now accepting movable items like farming equipment, stock, and even business invoices to give out loans. This chanUsing Household Items to Get Loans: A New Way to Access Money in Malawi
Many Malawians struggle to get loans because they don’t have land or buildings to use as collateral. But that is changing. Banks in Malawi are now accepting movable items like farming equipment, stock, and even business invoices to give out loans. This change is part of a campaign led by the Reserve Bank of Malawi […] The post Using Household Items to Get Loans: A New Way to Access Money in Malawi appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more