sector-banner

List of Countries

Malawi

LOLC's successful microfinance operations in Nigeria and Zambia led the group to further deepen its presence in the African continent through the acquisition of a 100% stake in Express Credit Malawi in 2021

  • $643

    GDP per Capita

  • 20.0 Mn

    Population

  • $0.3 Mn

    Gross loan portfolio

  • 5

    No. of branches
company-logo
icon
icon
company-logo
Visit Website icon

LOLC Finance Limited (Malawi)

LOLC Finance- Malawi (previously known as Express Credit Malawi), a non-deposit-taking microfinance institution, was acquired by LOLC in 2021. LOLC is currently in the process of converting the company to a deposit-taking entity. The entity currently offers a wide range of lending products such as salary loans and short-term and long-term loans to its customers. 

website-image