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.

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Contact details

CEO: Mr Kisa Kalolokesya

Physical Address:
National Office
Robert Mugabe Crescent,
Centre House Arcade,
Ground Floor,

Postal Address:
P O Box 2489,
Lilongwe,
Malawi

Telephone Number:

+265 1 774 680/6/7

Blantyre Branch

Regional Manager: Zagwa Matale

Physical Address:
Kabula House,
4 Chilembwe Road,
Blantyre

Postal Address:
C/O African Alliance
P.O BOX 2952
Blantyre

Telephone Number:
+265 18 30780 | +265 18 32356

Mzuzu Branch

Branch Manager: Vacant

Physical Address:
Mkhalabweka Building, Chenda Street

Postal Address:
C/O Lutho Arcade
P.O.Box 225
Mzuzu

Team management

Kisa Kalolokesya

Kisa Kalolokesya

Country CEO

kalolokesyak@selectafrica.net

Zagwa Matale

Zagwa Matale

Regional Manager (South)

matalez@selectafrica.net

Rejoice Chisi

Rejoice Chisi

Chief Operations Officer

chisir@selectafrica.net

Wakisa Mwakyanjala (acting)

Wakisa Mwakyanjala (acting)

Regional Manager (North)

Mwakyanjalaw@selectafrica.net

Gift Chibwana

Gift Chibwana

Chief Financial Officer

kajamchibwanag@selectafrica.net

Mcwilly Toto

Mcwilly Toto

Collections Manager

mcwillym@selectafrica.net

QUEEN PHIRI-SOKO

QUEEN PHIRI-SOKO

Regional Manager (Centre)

phiriq@selectafrica.net

VACANT

VACANT

Compliance Officer

N/A

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