Malawi

Africa

Statistics
1

45,020
Clients
$12.1M
Loan Portfolio
$340
Average Loan
22
Service Outlets
1994
Year Founded
 

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Products & Services

Individual Loans
Village Banking Loans
Small Group Loans
Micro-insurance

Facts about Malawi

The sub-Saharan country of Malawi is one of the poorest on earth. More than 50 percent of Malawi’s 15 million citizens live below the poverty line; 90 percent make their living through agriculture; and 80 percent live in rural areas where infrastructure is minimal and formal financial services are scarce.

FINCA Malawi is a regulated, non-deposit taking, microfinance institution. In operation since 1994, FINCA Malawi serves rural and urban clients in all 22 districts of the country. Our products include group and individual loans, local currency loans and insurance. Research has shown that incomes are at least a third higher among FINCA clients than the rest of the population.

50.7%
Living below Poverty level
$815
Average Annual Income
84%
Financially Excluded 2

1 Information is updated on a monthly basis.
2 Population lacking account at formal financial institution.

 

Contact

 
Head Office
Henderson Street
Private Bag 382
Blantyre, Malawi

 

 

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FINCA is a non-profit, tax-exempt charitable organization under Section 501(c)(3) of the United States Internal Revenue Code. Donations are tax-deductible. Our tax ID number is 13-3240109.
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