FISD Finance for Agriculture Development
In an effort to compliment and complete the ecosystem, a financial institution was introduced and established in 2014. FISD Finance for Agriculture Development (FIFAD) formerly known as FISD FUND is a wholly owned subsidiary undertaking of FISD Limited Company incorporated under the Company Act. FIFAD is a financing institution which largely focuses on agricultural financing. The institution was registered as a micro-credit agency by the registrar of financial institutions of the Reserve Bank of Malawi (RBM). Meanwhile FIFAD has applied for licencing to upgrade from a Microcredit Agency to Deposit Taking Microfinance Institution. The Company perceives an unfulfilled client need for agricultural loans, business opportunities and skills development to overcome poverty in Malawi. .
What we do
1.To develop skills among the people in urban and rural communities through training in loan management and Agribusiness.
2.To bring financial products and services close to the rural agricultural community through client participatory approach to improve their living standards.
3.To develop a business that will reduce levels of unemployment by providing agricultural finance services that aim at creating employment
Products and Services
Education Loan Group Business Loan
Livestock loans (e.g. Mlimi Alirenji Dairy loan)
Solar irrigation starter pack kit.
My Farm loan (Munda wanga)
|2006-2013||Agricultural loans (FIFAD (formerly Fisd fund)||Lilongwe and Mchinji|
|2014-2018||FIFAD (formerly Fisd fund)||Across the country|
|2015/2016||Dan Church Aid-Cash transfer program||Dowa|
|2017||Dan Church Aid-Echo project||Dowa|
|2017||WFP-Food for Asset creation||Blantyre|
|2018||Christian Aid- Women and Sustainable Project||Mangochi, Chikwawa, Karonga|
|2018||MICF-Revitalization Kaombe irrigation scheme||Nkhotakota|
|2018||My farm project||All districts in central region|