Two New Rural Banks Recognized in Malawi
The goal of the Microfinance Program in each Hunger Project epicenter in Africa is to have the facility gain government recognition as a licensed Rural Bank, also known as a Savings and Credit Cooperative, owned entirely by community members and managed by a majority female board. The Rural Bank provides the entire epicenter community with sustainable access to savings and credit facilities. THP-Malawi is therefore happy to announce that its second and third Rural Banks in Champiti and Ligowe Epicenters were recognized in September 2012.
To learn more about other advancements in each of these epicenters this year, such as Champiti Epicenter's expansion of its antiretroviral program to children, get all the latest on the THP-Malawi country page.
See the complete list of fully-recognized Hunger Project Rural Banks.