+265 (0) 997 236 169 / +265 (0) 886 355 769 info@cpl-malawi.com

Service:

Small, Micro, and Medium-sized Enterprise (SMME) Microloans

Loan Service Overview

This service provides accessible and flexible microloans to small-scale entrepreneurs. Designed to unlock the potential of street vendors, market sellers, rural innovators, and first-time business owners; it empowers them to expand operations, buy inventory, or invest in tools that boost productivity. The loans come with financial coaching and are tailored for business sustainability. By removing traditional barriers to financing, these microloans create pathways to economic independence for those typically excluded from conventional banking systems.

Recipients benefit from manageable repayment schedules aligned with their business cash flow patterns, ensuring they can build credit history while growing their ventures. The program particularly focuses on supporting women entrepreneurs and youth-led businesses in underserved communities, recognizing their crucial role in local economic development. Beyond just providing capital, this comprehensive approach combines access to funds with essential business skills training, market linkage opportunities, and ongoing mentorship that transforms temporary financial assistance into sustainable business growth and community impact.

Quick Loan Summary

Interest Rate

15.00 %

Loan Amount

MWK 250,000.00 - MWK 12,000,000.00

Loan Term

1 to 6 months

Eligibility

To be eligible for a loan from CPL, the applicant must meet the following requirements: 1. The Applicant must be a Malawian national; 2. The applicant must be the owner or co-owner of a registered business operating in Malawi; 3. Must be 18 years old and above; 4. The business must be operational and have a verifiable business location; 5. The applicant should have a good credit history and a demonstrated ability to repay loans; and 6. The applicant must provide all required documents and information as specified by CPL.

Requirements

To apply for a business loan from CPL, please, provide the following documents: 1. A valid National Identification document; 2. A certified copy of your business registration certificate; 3. Business license (if available); 4. A letter of endorsement/recommendation from your village head; 5. Current bank statement(s); and 6. A document confirming your business location (e.g., electricity or water bill).
Create Account to Apply

Our Small, Micro, and Medium-sized Enterprise (SMME) Microloans Process

A structured approach to deliver exceptional results

Fill out a basic loan application

Clients complete a short, simplified form capturing business goals and financing needs.

Undergo a business needs and risk assessment

CPL evaluates business viability, cash flow, and creditworthiness through field visits or digital tools.

Loan is approved and funds disbursed

Once approved, funds are disbursed via mobile money or bank transfer.

Begin structured, low-pressure repayment with support

Clients repay in manageable installments and receive ongoing financial advice.