Tag: malawi enterprise development fund (medf)
MEDF slashes loan processing time
The wait for business financing could soon become less frustrating for Malawian entrepreneurs after the Malawi Enterprise Development Fund (MEDF) cut its loan processing period.The Fund has reduced its loan processing period from 30 days to 12 days, with the Chief Executive Officer Kayisi Sadala saying the reform is aimed at helping small businesses access...
Phiri dismisses CDF, MEDF delays
Local Government Minister Ben Phiri has dismissed reports that understaffed councils are delaying the implementation of Constituency Development Fund (CDF) projects and the processing of Malawi Enterprise Development Fund (MEDF) loans.Phiri told Parliament on Tuesday that councils have procurement and project implementation plans in place and that the processes are progressing smoothly.His response follows concerns...