Village Banks Archives

Man commits suicide over village bank debt

Dec 21, 2021 Martha Chikoti 0 &

A 40-year-old businessman at Makawa Trading Centre in Mangochi has committed suicide after failing to pay back a K500,000 loan he got from a Village Savings Bank. Mangochi Police Station Publicist Amina Tepani Daudi has… ...

Malawians defend their village banks against evil banks

Jun 04, 2021 Lindiwe Sambalikagwa 0 &

Malawians say village banks will keep their distance from banks amid concerns that the commercial banks want to kill village banks. Several banks have introduced promotions aimed at coaxing village banks to deposit money to… ...

Month: December 2021 Posts

Man commits suicide over village bank debt

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