By Twink Jones Gadama
The National Bank of Malawi plc has donated K5 million to the Malawi Microfinance Network (MMN).
The generous contribution aims to facilitate the successful hosting of the second Microfinance Conference, scheduled to take place from October 17 to 19 in Mangochi.
This year’s conference, themed “Inclusive and Sustainable Financing for MSMEs: Catalyzing Agriculture Commercialization in Malawi,” promises to be a pivotal gathering of stakeholders from the microfinance industry.
The event will provide a platform for experts to share knowledge, experiences, and innovative solutions to propel the sector forward.
The donation from National Bank of Malawi plc demonstrates the bank’s commitment to promoting financial inclusion and empowerment of Micro, Small, and Medium Enterprises (MSMEs) in Malawi.
“We are proud to support the Malawi Microfinance Network in hosting this important conference,” said National Bank of Malawi plc’s Managing Director, Macfussy Kawale. “As a bank, we recognize the critical role MSMEs play in driving economic growth, and we believe that inclusive and sustainable financing is essential for their success.”
The conference will bring together industry experts, policymakers, and stakeholders to discuss strategies for enhancing access to finance for MSMEs, particularly in the agricultural sector.
Malawi Microfinance Network Executive Director, Edward Sekonde, expressed gratitude to National Bank of Malawi plc for their timely donation.
“This support will enable us to host a successful conference, which will, in turn, contribute to the growth and development of the microfinance sector in Malawi.”
The partnership between National Bank of Malawi plc and MMN underscores the importance of collaboration in driving economic development.
As the conference approaches, expectations are high that it will yield meaningful outcomes and contribute significantly to Malawi’s economic growth.
National Bank of Malawi plc’s donation serves as a testament to the bank’s dedication to empowering MSMEs and promoting financial inclusion.