National Economic Empowerment Fund Limited (NEEF)

National Economic Empowerment Fund Limited (NEEF)

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
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Details

Legal residence:Malawi
Organization type:Government agency
Funding agencies:Other
Other
Sectors:Macro-Econ. & Public Finance
Macro-Econ. & Public Finance
Sanctions:Check now
Status:
Active

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About

The National Economic Empowerment Fund Limited (NEEF) is a Government owned Microfinance Institution whose mission is to economically empower ordinary and underserved Malawian (particularly women, youth and persons with disability) through the provision of quality, affordable and sustainable microfinance services for improved livelihoods.

NEEF is a radical rebrand of the Malawi Enterprise Development Fund Limited whose reconstitution happened in September 2020 with a mandate is to look into the broader objectives of microfinancing with focus on economic empowerment.

The institution operates on a license that was issued in January 2015 by the Reserve Bank of Malawi as a Non-Deposit Taking Microfinance institution.

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