About Sayiwe Microfinance
Empowering communities through financial inclusion since 2019
Our Story
Sayiwe Microfinance was founded in 2019 with a clear vision: to provide accessible financial services to underserved communities across Malawi, with a special focus on women entrepreneurs in rural areas.
We recognized the gap between traditional banking services and the needs of micro-enterprises, which employ 1.8 million people and contribute 40% of Malawi's GDP. Our mission is to bridge this gap by offering tailored financial solutions that empower people to achieve economic independence.
Our Mission
To promote economic growth and financial inclusion through responsible lending practices and personalized financial solutions that meet the unique needs of our clients, with a special focus on women entrepreneurs in rural areas.
Our Vision
To be the leading microfinance institution in Malawi, recognized for our integrity, innovation, and commitment to transforming lives through financial empowerment and technology-driven solutions.
Financial Solutions
Personal Loans
Quick financial solutions for employed individuals
- Amounts from K100,000–K1,000,000
- For employed individuals
- Flexible 1-3 month terms
Community Group Finance
Empowering women's groups in rural communities
- Group funding K100,000–K10,000,000
- Community-based support
- Financial education included
Business Growth Fund
Supporting local business expansion
- Business funding K100,000–K10,000,000
- Expert business mentoring
- Growth-focused support
How It Works
Apply Online
Loans are applied for online via our mobile-friendly platform, making the process accessible to clients across Malawi.
Social Collateral
For rural groups, we use social capital as collateral, enabling access to credit without traditional assets.
Financial Education
All clients receive financial literacy training to ensure responsible borrowing and successful business management.
Our Core Values
Integrity
We conduct our business with honesty, transparency, and ethical standards that build trust with our clients and communities.
Community
We are committed to understanding and serving the unique needs of the communities where we operate, with a focus on rural women entrepreneurs.
Innovation
We leverage technology to improve access to financial services and create solutions that address evolving financial challenges.
Empowerment
We believe in providing not just financial services, but the knowledge and support that enables our clients to succeed and improve their livelihoods.
Our Leadership Team
Stella Msongole
Founder & CEO
With over 10 years of experience in microfinance and community development, Stella leads our organization with vision and integrity.
Watson Mukumbwa
Chief Financial Officer
Watson brings 10+ years of experience in audit, accounting, and finance to ensure our financial sustainability and growth.
Dr. Winnie Mkandawire
Strategic Planning & Research
With over 10 years in strategic planning and project management, Dr. Winnie guides our long-term vision and impact assessment.
Our Impact
At Sayiwe Microfinance, we measure our success not just by our financial performance, but by the positive change we create in people's lives. Through our services, we've helped thousands of entrepreneurs start and grow businesses, enabled families to improve their living conditions, and contributed to the economic development of communities across Malawi.
With a market size of $350 million in small loans for individuals and micro-enterprises, we're targeting to reach 10,000 clients across Malawi, which has a population of over 18 million.
Client Success Stories
Sayiwe Microfinance helped me expand my small grocery store. With their support, I've been able to increase my inventory.
Grace Banda
Small Business Owner, Mchinji
The loans we received from Sayiwe helped us purchase better seeds and equipment. Our crop yield has increased by 40% since working with them.
Chikondano Village Bank
Women Entrepreneurs, Lilongwe