{"id":59846,"date":"2024-03-03T03:50:51","date_gmt":"2024-03-03T03:50:51","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale"},"modified":"2024-03-03T04:02:56","modified_gmt":"2024-03-03T04:02:56","slug":"15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale","title":{"rendered":"15,000 people have accessed K17 billion in NEEF loans, says Kawale"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Government through the Minister of Agriculture, Sam Kawale says it is encouraging that 15,000 people have accessed 17 billion Kwacha in National Economic Empowerment Fund Limited \u2013 NEEF loans.<\/p>\n

Kawale said this while visiting National Economic Empowerment Fund Limited \u2013 NEEF (NEEF) beneficiaries to assess the progress and impact made, together with Minister of Finance, Simplex Banda, and Minister of Information, Moses Kunkuyu, at Kasiya in Lilongwe.<\/p>\n

He noted that government is carrying out AIP reforms by migrating some farmers from AIP to access NEEF loans for buying farm inputs for their agriculture business.<\/p>\n

\u201cFrom there, they graduate to agriculture commercialization and then transition to Mega Farms, where they can access higher loans for large-scale farming. This will help guarantee enough food at the household level and enough to export, thereby fulfilling Malawi Vision 2063.<\/p>\n

\u201cIt is encouraging to see that about 15,000 people have accessed 17 billion Kwacha in NEEF loans,\u201d he said.<\/p>\n

He added that government is working tirelessly to put in place strategic and sustainable measures to eradicate hunger and ensure food security across the country.<\/p>\n

Kawale also indicated that the Ministry of Agriculture is currently implementing various programmes to increase food production at both domestic and national levels through Agriculture Commercialization, Mega Farms, AIP, NEEF, and irrigation farming.<\/p>\n

On the other hand, Minister of Finance, Simplex Chithyola Banda, highlighted that based on the evidence he has seen on the ground, he will advocate for increase budget allocation towards NEEF to ensure more farmers access the loans, as their investments have great potential to boost Malawi\u2019s economy.<\/p>\n

He assured people that as the Parliament budget session commences on 9th February, ADMARC will be allocated resources in good time to ensure they are able to buy produce from farmers.<\/p>\n

In his remarks, Minister of Information and Digitalization, Moses Kunkuyu, said empowering more farmers across the country to venture into agriculture mechanization and commercialization is in line with the government\u2019s agenda to ensure food security and build a self-reliant Malawi.<\/p>\n

\u201cIt is very important that NEEF budget is increased and ADMARC well-equipped to procure the increased produce, ensuring that farmers benefit accordingly,\u201d said Kunkuyu.<\/p>\n

In her remarks, when the Ministers visited her farm, Senior Chief Khongoni, who has used her second loan of 15 million Kwacha to farm 70 hectares of different crops including maize, ground nuts, and soya, urged fellow farmers across the country to be more invested in upscaling their farming and seize the opportunity to apply for a loan from NEEF.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Government through the Minister of Agriculture, Sam Kawale says it is encouraging that 15,000 people have accessed 17 billion Kwacha in National Economic Empowerment Fund Limited \u2013 NEEF loans. Kawale said this while visiting National Economic Empowerment Fund Limited \u2013 NEEF (NEEF) beneficiaries to assess the progress and impact made, together with […]<\/p>\n","protected":false},"author":84,"featured_media":59845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,371,234],"class_list":["post-59846","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":"\n15,000 people have accessed K17 billion in NEEF loans, says Kawale - Malawi<\/title>\n<meta name=\"description\" content=\"Government through the Minister of Agriculture, Sam Kawale says it is encouraging that 15,000 people have accessed 17 bi ...\" \/>\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\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"15,000 people have accessed K17 billion in NEEF loans, says Kawale\" \/>\n<meta property=\"og:description\" content=\"Government through the Minister of Agriculture, Sam Kawale says it is encouraging that 15,000 people have accessed 17 bi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale\" \/>\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=\"2024-03-03T03:50:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-03T04:02:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2024\/03\/sm_1709425848.859144.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\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\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"15,000 people have accessed K17 billion in NEEF loans, says Kawale\",\"datePublished\":\"2024-03-03T03:50:51+00:00\",\"dateModified\":\"2024-03-03T04:02:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale\"},\"wordCount\":430,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2024\/03\/sm_1709425848.859144.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\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/15000-people-have-accessed-k17-billion-in-neef-loans-says-kawale\",\"name\":\"15,000 people have accessed K17 billion in NEEF loans, says Kawale - 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