Tiphunzire is a loan to private owned schools for an identifiable purpose. The loan is meant to promote development of education in Malawi by improving the quality of education in private schools.
Features
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Loan can be used to boost working capital and to buy capital items.
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Loan repayments are flexible and usually structured to correspond with the inflows of school fees.
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Loan repayment period of up to 48 months.
Benefits
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Flexible loan repayments
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Access to finance for private schools
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The bank award high performing schools (criteria; pass rate, enrolment and development)
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Technical assistance is offered to the owners.
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Membership of Tiphunzire information Network.