Village Banks Are Feeding the Nation—As Commercial Banks Look Away
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In the face of rising poverty, high food prices, and limited access to formal credit, village banks have become the financial lifeline for most Malawians, a new World Bank report has revealed. According to the 2025 Malawi Economic Monitor, village savi
Village Banks Are Feeding the Nation—As Commercial Banks Look Away
In the face of rising poverty, high food prices, and limited access to formal credit, village banks have become the financial lifeline for most Malawians, a new World Bank report has revealed. According to the 2025 Malawi Economic Monitor, village savings and loan groups—commonly known as village banks—are now the main source of borrowing […] The post Village Banks Are Feeding the Nation—As Commercial Banks Look Away appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more
