Copyright faceofmalawi
Sycamore Credit Limited, a fast-growing micro-financial institution in Malawi, has continued its nationwide expansion with the opening of its newest branch in Mzuzu, the heart of the Northern Region. This marks the third branch for the institution, following the successful establishment of its main office in Blantyre in 2018 and a second branch in Lilongwe last year. The move to open a branch in Mzuzu reflects Sycamore Credit Limited’s commitment to extending financial access to underserved areas and promoting inclusive economic development across the country. The new branch, operating in Zanak Building room 12 is strategically positioned to bring financial services closer to small and medium business owners and salaried individuals in the north who previously had limited access to affordable credit solutions. Speaking on the development, the newly appointed Mzuzu branch manager, Temwa Chawinga expressed optimism about the branch’s potential impact. “Our mission has always been to empower Malawians through accessible and responsible lending. The opening of the Mzuzu branch allows us to serve the people of the Northern Region more effectively and strengthen our presence as a reliable financial partner,” said the Branch Manager. On the other hand, the Chief Operations Officer for the company, Wilson Namwera said the development is a big milestone for the growth of the company and looks forward to seeing Northern region people benefit off this new Branch. “This expansion marks a proud moment for us as we continue to bring our services closer to Malawians across the country. Mzuzu holds great potential, and we are confident that this branch will play a key role in unlocking opportunities for business personnel striving to build a better future.” “At Sycamore Credit Limited, our commitment goes beyond offering loans – we are here to empower communities, support small businesses, and contribute to socio-economic development. We believe the Northern Region deserves convenient access to quality financial services, and this branch is a testament to that belief.” “We look forward to serving our clients with integrity, innovation, and excellence as we continue to grow together.” Founded with the vision to be the leading provider of customer centric financial solutions for the social and economic development in Malawi, Sycamore Credit Limited offers a range of microfinance products including business group loans (Zitsamba), personal business loans (Masamba), Corporate loans (Mizu and Tsinde) and Government payroll loans. Since its inception, Sycamore Credit Limited has gained a reputation for its customer-centric approach, quick loan processing, and flexible repayment options. Its recent growth is a testament to the trust it has built with clients across the Southern and Central regions. As the institution opens its doors in Mzuzu, it is also looking to create job opportunities for local residents, build partnerships with community-based organizations, and contribute to the region’s economic growth. With three branches now operational in Blantyre, Lilongwe, and Mzuzu, Sycamore Credit Limited is well on its way to becoming a leading force in Malawi’s microfinance sector.
