FINCA Malawi in Savings Promotion
A financial institution, Finca Malawi, has launched a promotion called Kufewa ndi Finca as a way to promote a saving culture among people in the country.
Takondwa Chirwa, FINCA Malawi Marketing Manager, says customers have the option to open savings or fixed accounts to make earnings through interests.
“Times are hard and we just want to help our customers to be able to do their businesses and improve their livelihoods as well,” she said.
“Phindu savings has a very soft and flexible terms which make it affordable for everyone. With only K1, 000, customers can open accounts and save their earnings. Further, the account has no monthly charges but earns a higher interest rate which makes it the best for all Malawians.
“FINCA’s fixed deposits account offers lucrative interest rates with optional upfront interest for its fixed deposit account. This means customers can cash out the interest and use it as working capital. The goal is to make customer’s life softer and better,” she said.
“Customers who place a fixed deposit minimum of K500, 000 for at least three months or deposit at least K200, 000 into a new or existing Phindu Savings Account stand a chance to win monthly cash prizes in the promotion,” she said.