MFI Hub Company Ltd

Studies done by Finmark trust, revealed that the formal financial sector in Malawi is still small and that outreach remains concentrated to a narrow client base. However, it was observed that the Malawi Microfinance and Financial Cooperatives sector plays a critical role in the social economic development of the country by promoting financial inclusion of the unbanked but bankable population of the country, but that the sector lacked a good affordable Management Information System (MIS) meeting the needs of the sector. This gave birth to the Microfinance Transaction processing Hub (MFI Hub) on 13th September 2017.