Express Microloan Ltd
Microloan company in Lilongwe, Malawi
Financial institution · Lilongwe
Not yet confirmed by the owner
Express Microloan Ltd is a lending company in Lilongwe, Malawi. Lending to the public in Malawi is regulated under the Microfinance Act, which distinguishes between registered microcredit agencies, licensed non-deposit-taking microfinance institutions and licensed deposit-taking microfinance institutions; only the last may accept deposits from the public. The registers are kept by the Reserve Bank of Malawi, the central bank, which was established in 1964 and has its headquarters in Lilongwe. Lilongwe became Malawi's capital in 1975, replacing Zomba, and is the country's largest city, with 989,318 residents at the 2018 census. It is divided into numbered Areas assigned in the order in which they were developed. The newer city centre on Capital Hill holds government institutions, embassies, hotels and offices, while the Old Town has the markets, bus stations, cafés and restaurants; Kanengo, in the north, is the main industrial area. Express Microloan has not published its loan products, interest rates, fees or registration details online; a lender's status can be checked with the Reserve Bank of Malawi before any agreement is signed.
2QC9+FQF, Lilongwe, Malawi
Lilongwe
13°58′44″S 33°46′10″E
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