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Investment

Chiperegano Investment Account

This is an Investment account for women who want to save as a group. The account is used as security for a group loan. Customers are allowed to borrow 200% of their savings. The account targetsMicro and Small business women in groups.

Features
  • Easy way to save money                                                        
  • The account earns interest                                        
  • Deposits can be used as security for a loan
  • Minimum account balance isMWK25,000
  • It does not have monthly fees

Account opening requirements: Valid passport or valid driver’s license or Malawi Electoral commission registration card with a letter from a recognized authority or a letter from an employer and employees ID. Proof of residence i.e water bill

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