BLANTYRE-(MaraviPost)-Old Mutual has donated MK2 million to the Malawi Network of Microfinance to enable them to host their maiden annual Lake Conference scheduled for 27 and 28 October 2023 in Mangochi.

The company’s Marketing and Corporate Affairs Manager Patience Chatsika, said the sponsorship stands as a testament to their commitment to the advancement of a robust and inclusive financial sector, which, in turn, is poised to make a significant contribution to the growth and prosperity of our country.

She said, “Microfinance institutions play an important role in alleviating poverty by providing access to credit and savings, job creation, and allowing people to generate income thereby improving their living standards”.

On the other hand, the president of the Malawi Microfinance Network, Duncain Phulusa commended Old Mutual for the support and partnership which he said will go a long way in helping to host a successful conference.

The Symbolic cheque presentation was done by Patience Chatsika, Old Mutual Marketing and Corporate Affairs Manager.