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
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
