NEEF Disburses K6 Billion in Irrigation Loans to over 13,000 Farmers Across Malawi

Youths urged to utilise Neef loans

By Ousman Kaliati: The National Economic Empowerment Fund (Neef) has implored youths to change their mindset regarding Neef loans, which they often perceive as political. Neef has since called on them to visit their offices to learn about loan portfolios and how to access them. Neef Zone Manager for Nkhotakota and Salima districts Kelvin Posiyano said this in Salima following a meeting with youths. According to Posiyano, the main challenge is th…

NEEF disburses K6 billion in irrigation loans to over 13,000 farmers across Malawi

The National Economic Empowerment Fund (NEEF) chief executive officer Humphrey Mdyetseni says the fund has so far distributed K6 billion worth of loans in an Irrigation Microloan Scheme benefiting over 13 000 farmers nationwide. Speaking at Mwerang’ombe Irrigation Scheme in Lilongwe where the scheme received a loan for solar irrigation equipment and farm inputs, the NEEF head said the loan is part of an ongoing exercise aimed at empowering farme…