
FDH Bank partners Joyce Banda Foundation To Ease Access To finance
FDH Bank plc and Women in Marketing Activities and Initiatives (Mwai) have signed a five-year strategic partnership that will provide an avenue for women small and medium enterprises (SMEs) to easily access finance.
Mwai, which is under the Joyce Banda Foundation International, is the brainchild of former president Joyce Banda who ruled Malawi from 2012 to 2014.
Mkulichi (L) and Banda display the MoU documents
Speaking during the signing of a memorandum of understanding (MoU) in Blantyre on Tuesday, FDH Bank plc managing director Noel Mkulichi said the partnership will enable women in groups and as well individuals to access up to K3 million in loans to support their businesses.
He said: “FDH Bank believes in promoting and facilitating growth through various initiatives in the...