{"id":49922,"date":"2023-09-27T21:56:14","date_gmt":"2023-09-27T21:56:14","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments"},"modified":"2023-09-27T22:01:48","modified_gmt":"2023-09-27T22:01:48","slug":"national-bank-hail-vendors-on-loan-repayments","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments","title":{"rendered":"National Bank hail vendors on loan repayments"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Finance loan repayment surpassing other special customer segments.<\/p>\n<p>NBM\u2019s Head of Retail Banking Oswin Kasunda made the remarks during the Bank\u2019s interaction with vendors in Blantyre.<\/p>\n<p>According to Kasunda, the vendors are conducting their accounts well and are able to pay back the loans, saying the Bank has so far only experienced a five-percent default rate.<\/p>\n<p>\u201cCredit is about risk, in the banking business there is always a risk so if you give out loans you don\u2019t expect to have a 100 percent repayment rate as of now the default rate is about five percent which is very good and acceptable.\u201d<\/p>\n<p>\u201cNow that the performance is satisfactory as far as the Bank is concerned, it is time we consider extending the package to other towns. We have already received inquiries from Mangochi, Kasungu, Mchinji and others so we will now consider going out of the four cities,\u201d said Kasunda.<\/p>\n<p>Tiyanjane Juma from Limbe Flea Market said when the product was launched in August last year she was in doubt, but now the Taoloka Finance loan has helped boost her business.<\/p>\n<p>\u201cAfter following all the instructions, the Bank gave me a loan and I can testify my business is no longer the same,\u201d said Juma.<\/p>\n<p>NBM launched the Taoloka Finance product last year, in the country\u2019s four cities of Blantyre, Lilongwe, Mzuzu and Zomba to help vendors have access to financial services through the Bank.<\/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. Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Finance loan repayment surpassing other special customer segments. NBM\u2019s Head of Retail Banking Oswin Kasunda made the remarks during the Bank\u2019s interaction with vendors in Blantyre. According to Kasunda, the vendors are conducting [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":49920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,371,234],"class_list":["post-49922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","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>National Bank hail vendors on loan repayments - Malawi<\/title>\n<meta name=\"description\" content=\"Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Fin ...\" \/>\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\/national-bank-hail-vendors-on-loan-repayments\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Bank hail vendors on loan repayments\" \/>\n<meta property=\"og:description\" content=\"Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Fin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments\" \/>\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=\"2023-09-27T21:56:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-27T22:01:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1099\" \/>\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\/national-bank-hail-vendors-on-loan-repayments#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"National Bank hail vendors on loan repayments\",\"datePublished\":\"2023-09-27T21:56:14+00:00\",\"dateModified\":\"2023-09-27T22:01:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments\"},\"wordCount\":275,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments\",\"name\":\"National Bank hail vendors on loan repayments - Malawi\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg\",\"datePublished\":\"2023-09-27T21:56:14+00:00\",\"dateModified\":\"2023-09-27T22:01:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Fin ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg\",\"width\":1728,\"height\":1099,\"caption\":\"National Bank hail vendors on loan repayments\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/malawi\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"National Bank hail vendors on loan repayments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#website\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/\",\"name\":\"Malawi\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/malawi\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"National Bank hail vendors on loan repayments - Malawi","description":"Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Fin ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments","og_locale":"en_US","og_type":"article","og_title":"National Bank hail vendors on loan repayments","og_description":"Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Fin ...","og_url":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments","og_site_name":"Malawi","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-09-27T21:56:14+00:00","article_modified_time":"2023-09-27T22:01:48+00:00","og_image":[{"width":1728,"height":1099,"url":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"National Bank hail vendors on loan repayments","datePublished":"2023-09-27T21:56:14+00:00","dateModified":"2023-09-27T22:01:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments"},"wordCount":275,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg","keywords":["Africa Press","Africa Press-Malawi","Malawi"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments","url":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments","name":"National Bank hail vendors on loan repayments - Malawi","isPartOf":{"@id":"https:\/\/www.africa-press.net\/malawi\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg","datePublished":"2023-09-27T21:56:14+00:00","dateModified":"2023-09-27T22:01:48+00:00","author":{"@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Bank of the Nation, National Bank of Malawi Plc (NBM) has applauded vendors for performing extremely well in Taoloka Fin ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#primaryimage","url":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg","contentUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/09\/sm_1695839512.890916.jpg","width":1728,"height":1099,"caption":"National Bank hail vendors on loan repayments"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/national-bank-hail-vendors-on-loan-repayments#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/malawi\/"},{"@type":"ListItem","position":2,"name":"National Bank hail vendors on loan repayments"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/malawi\/#website","url":"https:\/\/www.africa-press.net\/malawi\/","name":"Malawi","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/malawi\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts\/49922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/comments?post=49922"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts\/49922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/media\/49920"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/media?parent=49922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/categories?post=49922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/tags?post=49922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}