After launching its first savings products, FINCA Malawi launched its first ever savings promotion dubbed FINCA ‘Nkhawa Njee’ promotion. This is part of its continued efforts to reward customers for trusting FINCA and its services since its inception.
Over the years FINCA has grown remarkably, with its humble beginnings in Chiradzulo District to opening up over 23 branches in Malawi. From being a purely lending Institution to a Deposit Taking Microfinance Institution, FINCA Malawi embraces the fact that with the endless support from the communities, it is s unable to sail through the storms and sunny days.
On 8th March every year, people all over the world celebrate International Women’s Day (IWD) by recognizing the various roles that women play in the society. This year 2017, at FINCA Ltd in Malawi, the international women’s day did not go unnoticed as celebrations took place under the universal theme “Be Bold for Change”.
Every 14th February, people all over the world celebrates Valentine’s Day to show their love and appreciation towards their loved ones.
FINCA Ltd is actively working towards financial inclusion with a target of the unbanked population in Malawi.
FINCA Malawi, as part of celebrating Customer Experience day, conducted a customer experience day that was combined with a National Wide Mother’s Day Celebration on October 14th, with all branches participating. The activity was aimed at increasing awareness of FINCA customer experience amongst staff at the same time documenting feedbacks both positive and negative from customers.
FINCA finally introduced savings products to customers in the northern part of Malawi. This is a continued financial inclusion initiative that FINCA is advancing after accessing the Deposit Taking licence.
On 1st April FINCA Malawi officially launched the savings license and savings products with Henderson Street branch being the first service center. This is in response to a Microfinance Deposit-Taking Institution (MDI) license which FINCA was awarded by Reserve Bank of Malawi (RBM) in September 2015 and is now the first licensed MDI in the country.
FINCA Malawi has embarked on a drive to introduce savings products to consumers in Lilongwe and surrounding areas in the Central Region. The development follows the official Savings launch on April 1, 2016.
The Reserve Bank of Malawi (RBM) on Friday 1st April, 2016, urged players in the financial industry to ensure that are transparent so that customers are fully aware of the contracts that they are entering with them.