{"id":43117,"date":"2023-03-20T22:28:02","date_gmt":"2023-03-20T22:28:02","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/?p=43117"},"modified":"2023-03-20T08:33:49","modified_gmt":"2023-03-20T08:33:49","slug":"fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2","title":{"rendered":"FDH Bank partners Joyce Banda\u2019s MWAI for soft loans"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>FDH Bank plc has signed a memorandum of understanding (MOU) with the Market Women Activities Initiative (MWAI) to offer them soft revolving loans for the next five years.<\/p>\n<p>FDH Bank managing director Noel Nkulichi made the commitment on Tuesday, January 17, 2023 with MWAI\u2019s founder and former president Joyce Banda. According to Nkulichi, hundreds of business women will have a chance to access up to MK3 million loans to support their activities.<\/p>\n<p>\u201cFDH Bank believes in promoting and facilitating growth through various initiatives in the country under our sustainability program called FDH cares. This is a program that is pivoted on four pillars namely, Our People, Our Environment, Our Economy, and Our Community. The FDH Cares program is inspired by the Sustainable Development Goals and Malawi-2063 Masterplan.<\/p>\n<p>\u201cThe partnership with MWAI is one of such partnerships that speak to Sustainable Development Goal Number 5 aimed at achieving Gender Equality and empowering all women and girls, consequently impacting the economy and community at large. FDH Bank plc is committed to both women empowerment and financial inclusion; both being championed through this initiative,\u201d Nkulichi said.<\/p>\n<p>He further said that apart from being beneficial to the women, the country is also expected to benefit through increased number of women having access to banking services, and decreased number of unemployed women who will in-turn create jobs to complement the government\u2019s effort. In her remarks, Madam Joyce Banda said the loans will empower the women of Small and Medium businesses through easy access to the loans.<\/p>\n<p>\u201cThis is significant because it shows that we are growing. When I started the organisation, I was targeting market women. At first I was giving grants to those women at the bottom that needed to lift themselves. This partnership therefore recognizes that Malawian women are resilient and hardworking and have decided to lift themselves despite their education status. This now gives women an opportunity to access the loans without hurdles from FDH, the only bank that understood our concept,\u201d she said. The former president started the organization in 2010 through her Joyce Banda Foundation.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. FDH Bank plc has signed a memorandum of understanding (MOU) with the Market Women Activities Initiative (MWAI) to offer them soft revolving loans for the next five years. FDH Bank managing director Noel Nkulichi made the commitment on Tuesday, January 17, 2023 with MWAI\u2019s founder and former president Joyce Banda. According to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":43115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,410],"tags":[233,371,234],"class_list":["post-43117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-to-homepage","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FDH Bank partners Joyce Banda\u2019s MWAI for soft loans - Malawi<\/title>\n<meta name=\"description\" content=\"FDH Bank plc has signed a memorandum of understanding (MOU) with the Market Women Activities Initiative (MWAI) to offer ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FDH Bank partners Joyce Banda\u2019s MWAI for soft loans\" \/>\n<meta property=\"og:description\" content=\"FDH Bank plc has signed a memorandum of understanding (MOU) with the Market Women Activities Initiative (MWAI) to offer ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-20T22:28:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/03\/postQueueImg_1679288417.70.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FDH Bank partners Joyce Banda\u2019s MWAI for soft loans\",\"datePublished\":\"2023-03-20T22:28:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2\"},\"wordCount\":365,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/03\/postQueueImg_1679288417.70.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"economy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-partners-joyce-bandas-mwai-for-soft-loans-2\",\"name\":\"FDH Bank partners Joyce Banda\u2019s MWAI for soft loans - 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