Malawi
Business overview
Select commenced operations in Malawi in late 2009 with first disbursements occurring in February 2011. In August 2010, Select Malawi entered into a long-term debt financing agreement with the Soros Economic Development Fund, who were keen to support a housing-focused lending business in this economically disadvantaged country. This funding was converted into local currency using a back-to-back facility with FMB Malawi.
As most Government Ministries in Malawi are headquartered in Lilongwe, Select chose to establish its head office in Lilongwe. Select also has 2 other regional hubs in Blantyre and Mzuzu as well as 27 satellite offices scattered around the country.
Select Financial Services has grown to one of the dominant micro lenders in the Malawi financial services market and is the only MFI focusing on housing microfinance in Malawi.
Malawi Loan Calculator
CONTACT DETAILS
CEO: Mr Kisa Kalolokesya Lilongwe Branch Regional Manager: Edwin Magola Physical Address: National Office City centre Lilongwe Postal Address: Telephone Number: +265 1 774 680/6/7 | Blantyre Branch Regional Manager: Madalitso Goneka Physical Address: Postal Address: Telephone Number: | |
Mzuzu Branch Branch Manager: Gift Mpoola Physical Address: Postal Address: Telephone Number: |
MANAGEMENT TEAM
KISA KALOLOKESYA Country CEO | VACANT Chief Operations Officer | GIFT CHIBWANA Chief Financial Officer | MCWILLY TOTO Collections Manager |
IDRISS KASSIM Compliance Officer | GIFT MPOOLA Regional Manager (North) | MADALITSO GONEKA Regional Manager (South) | EDWIN MAGOLA Regional Manager (Centre) magolae@selectafrica.net |