Malawi: Over 600,000 Businesses to Benefit As Maiic Rolls Out K42bn Rural Finance Facility

Malawi: Over 600,000 Businesses to Benefit As Maiic Rolls Out K42bn Rural Finance Facility

More than 600,000 businesses are expected to benefit from the Blended Rural Finance Facility (BRFF), a scheme run by the Malawi Agriculture and Industrial Investment Corporation (MAIIC) to widen access to capital and help enterprises grow in rural areas.

MAIIC targets 600,000 rural businesses

This article was originally published on Malawi24, Malawi's #1 independent news platform. More than 600,000 rural businesses are expected to access financing under a K42 billion facility aimed at helping enterprises grow and overcome difficulties in securing affordable loans. The Blended Rural Finance Facility (BRFF) seeks to unlock at least K100 billion in financing by combining government-backed resources with funding from commercial banks, gi…

Over 600 000 businesses to benefit from MAIIC rural finance facility

More than 600,000 businesses are expected to benefit from the Blended Rural Finance Facility (BRFF), The post Over 600 000 businesses to benefit from MAIIC rural finance facility appeared first on Malawi Freedom Network.

Over 600,000 businesses to benefit as MAIIC rolls out K42bn rural finance facility

More than 600,000 businesses are expected to benefit... Read the latest breaking news on Nyasa Times.

Maiic moves to ease borrowers’ pressure

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