By Staff Reporter
Vice President Dr Michael Usi has called on National Economic Empowerment Fund (NEEF) to ensure transparency and accountability when disbursing funds in the country, so that all eligible members can benefit.
Speaking on Wednesday, during a meeting with NEEF members at Capital Hill in Lilongwe, Usi said there are many complaints from people who have been applying, saying they are unable to access the funds.
He said that people in rural areas are struggling financially, and there is need to serve them better so that they can have access the loans
He said NEEF funds are not related to politics saying this is a government initiative to help and promote economic growth for Malawians.
“The funds are here to help poor Malawians to boost their economic standards so it does not matter from which side of the country one belongs to or party they support,” he stated.
INEEF Board Member, Dr Thabbie Chilongo assured the public that NEEF will always be responsible when disbursing funds so that it benefits people in different areas of the country.
He added that NEEF has introduced a new loan called “Vukani “which is a non-collateral loan that people from rural areas who cannot afford to give collateral can access.
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