K189bn still unpaid as Medf cracks down on defaulters, analysts expose deep-rooted failures behind loan scheme
newsare.net
The Malawi Enterprise Development Fund (Medf) is racing to recover a staggering K189 billion in unpaid loans after a 60-day ultimatum to defaulters expired on Monday—laying bare what experts describe as a deeply broken and politicised public lending systemK189bn still unpaid as Medf cracks down on defaulters, analysts expose deep-rooted failures behind loan scheme
The Malawi Enterprise Development Fund (Medf) is racing to recover a staggering K189 billion in unpaid loans after a 60-day ultimatum to defaulters expired on Monday—laying bare what experts describe as a deeply broken and politicised public lending system. Medf Chief Executive Officer Kaisi Sadala confirmed in an interview that while a fraction of borrowers […] The post K189bn still unpaid as Medf cracks down on defaulters, analysts expose deep-rooted failures behind loan scheme appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more














