How to
A cultural view of loan defaults in Malawi
Executive Summary Between 2019 and 2024, Malawi has seen both a rapid expansion in personal lending and a growing struggle with defaults. While commercial banks, microfinance institutions (MFIs), savings and credit cooperatives (SACCOs), village savings and loan associations (VSLAs), and new digital lenders have opened up access to credit, many Malawians still find it difficult […]
Industry Information
Key providers for lenders in Malawi: Credit scoring, KYC, and payment
Today, we’ll look at some of the key providers in Malawi from those developing credit scoring models to KYC and payment services providers.
