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MUSCCO speaks on moratorium amid COVID-19

The Malawi Union of Savings and Credit Cooperatives (MUSCCO) has emphasized that the three months moratorium on loan and interest repayments is strictly dependent on case by case basis in financial institutions.
 
MUSCCO chief executive officer Fumbani  Nyangulu made the clarification in an interview following calls by various borrowers who happen to not have understood the said exemption. 
Jun 01 2020

DOMESTIC SAVINGS MOBILIZATION A BASIS FOR COMMUNITY WEALTH CREATION

Having access to financial services either through the formal or informal organizations
May 29 2020