How to get a lending license in Malawi
License

How to get a lending license in Malawi

In Malawi, where approximately 54% of the population lives below the poverty line, accessing financial resources remains a significant challenge. Many Malawians harbor dreams of entrepreneurship, yet the lack of capital often prevents them from turning those dreams into reality. The limited availability of formal lending options leads to missed opportunities and unfulfilled potential, leaving […]

Preparing your income statement as a lender- management accounting 101
How to

Preparing your income statement as a lender- management accounting 101

No one likes the boring routine of bookkeeping and punching in numbers; but management accounting is a highly important for your lending business.

Drafting a strategy for your lending business
Lending

Drafting a strategy for your lending business

The business strategy is the foundation of every business, it provides guidance to what the organization is set-up to achieve. The first step towards building a strong lending business, with long-term sustainable growth is having a clearly defined strategy. In simple terms, your strategy tells your stakeholders (internal and external) what your organization will be […]