MFI ReportPartnerships
| Name | Relationship |
|---|---|
| CORDAID | Funding |
| Craft Silicon | Vendor |
| MAMN | Network Affiliation |
| UNCDF | Funding |
Mission:
To develop a solid microfinance company that will provide premier financial services to its clients, delivered by committed and well-motivated staff thereby creating value for its stakeholders.
Background and Main Challenges:
Pride Malawi (a company limted by guarantee) was incorporated in May 2003 from a UNCDF/GOM project implemented by Pride Africa thereafter PMSL of Kenya which started in 2000. PM faces serious challenges in mobilising cheaper sources of funds to lend. The second challenge is to convert itself ... Read more
Pride Malawi (a company limted by guarantee) was incorporated in May 2003 from a UNCDF/GOM project implemented by Pride Africa thereafter PMSL of Kenya which started in 2000. PM faces serious challenges in mobilising cheaper sources of funds to lend. The second challenge is to convert itself into a regulated microfinance company. In order to attain that status PM needs some institutional investors which per se is a challenge too. Hide
Address:
Regina Pacis House
Off Chikwawa Road
P. O. Box 2131
Blantyre
Malawi
Phone:
+265 1 822 904
Fax:
+265 1 825 022
Email:
pridemalawi [at] pridemalawi [dot] com
Main Funding Sources:
Grants
Loans
Savings
Products and Services:
Loans
Looking for (Investment Types):
Equity
Loans in Local Currency
Capacity Building Grants
Equity investments
Date established:
Jan 1 2000
FYE:
31-Dec
Current Legal Status:
NBFI
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Cornelius MajawaGeneral Managercmajawa [at] pridemalawi [dot] com+265 1 822978
