Malawi Postal Corporation (MPC) has partnered First Capital Bank to launch a loan facility for civil servants.
The government employees will be able to access loans quickly and easily through the postal corporation’s extensive network.
MPC’s acting Director of Business Development and Marketing, Linda Mpando, said civil servants can borrow up to K5 million with repayment terms ranging from three to 60 months without upfront charges.
“We are looking at more innovative ways so that we continue to serve Malawians better,” Mpando said.
By Raymond Midaya