NEEF - Empowering Malawians Economically

National Economic Empowerment Fund (NEEF), Malawi

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The National Economic Empowerment Fund (NEEF) continues its mission of empowering young people across Malawi.
On 6th to 8th June NEEF held a series of impactful youth engagement meetings in the Balaka Zone, starting with a session at West Hill Lodge in Ntcheu on Friday, followed by a two-day youth engagement in Mangochi.

The meetings aimed to provide young people with detailed information about NEEF’s loan offerings and practical guidance on how to access them, particularly the Micro Irrigation Loan, which is currently being disbursed.

Speaking during the Mangochi meeting, NEEF Chief Executive Officer, Mr. Humphrey Mdyetseni, expressed his deep passion for youth empowerment and emphasized their critical role in Malawi’s future.

“Stop complaining and begin developing clear, forward-looking plans aligned with Malawi’s Vision 2063,” Mdyetseni urged, encouraging young people to take full advantage of NEEF’s financial support.

Youth Chairperson for Ntcheu, Mr. Fred Kawalewale, described the meeting as an invaluable opportunity. “Many youths in Ntcheu have been eagerly anticipating a chance to engage with the Fund and explore opportunities to access loans that could support their businesses,” he said.

In Mangochi, the two-day engagement attracted an enthusiastic crowd of young people eager to learn about available financing opportunities.
Chimwemwe Kaponda, Chairperson for Mangochi youth, described the meeting as enlightening and appreciated the opportunity to directly engage with NEEF. “These sessions are energizing us. We are now better informed and more motivated to visit NEEF offices in the region to apply for the Micro Irrigation Loan and invest in our futures,” he said.

To date, NEEF’s Balaka Zone which comprises of Ntcheu, Balaka and Mangochi districts has disbursed loans to 22,607 clients, of which 7,709 are youth, reflecting NEEF’s commitment to inclusive and equitable economic empowerment across all sectors of society.

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