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CIVIL SERVANTS HOUSING PROJECT

Updated: May 24, 2021

WHAT IS CIVIL SERVANTS HOUSING PROJECT?

In response to the challenge of the Civil Servants in failing to build their dream houses before and after retirement due to unstable economy. PEOPLE DEVELOPMENT FUND in collaboration with RAYMKA DEVELOPERS would like to introduce CIVIL SERVANTS HOUSING PROJECT, a quick and reliable housing loan programme, whose main target is to empower the civil Servant build their dream houses, and improve infrastructural development of Malawi.


WHY CIVIL SERVANTS HOUSING PROJECT?

This project will give the Civil Servants access to housing loans, at a very reasonable and affordable interest rate. When accessing the services no fees required to be paid in advance. To make it more easily accessible, the project will be split into phases and the loan will have a repayment plan of more than two years. The project will have a maximum 48 Hours approval rule. In unfortunate situation of death, before finishing repayment of the loan, the loan will be forfeited. The applications will be done online to fast truck the processes.

WHAT SERVICES WILL BE FINANCIED?

Under this project People Development Fund, will finance on behalf of Civil Servants to different companies to acquire different services on loan. The project has been split into three Phases: Phase 1. Land acquisition (free house plan and Bill of quantity), Phase 2. Building (Blocks and construction) and Phase 3. Finishes (Roofing, Windows and Doors, Plumbing etc).


WHO ARE THE KEY PLAYERS?

Financier:

People Development Fund (PDF) is a microfinance institution that exists to empower people to economically be independent. PDF envisions a Malawi where people can meet their basic needs of food, proper shelter and social needs, through empowering financial products and services. People Development Fund is incorporated with registrar of companies, registered with Reserve Bank of Malawi and Malawi Revenue Authority and is a member of Microfinance Network Malawi.

Services Provider:

Raymka Developers is a duly registered limited liability. The company plies its trade in real estate and construction. In real estate, Raymka is the pioneer in property development in almost all regions of Malawi. Over the years Raymka has developed several sites and sold over 1500 plots. Raymka prides to have turned numerous pieces of land into communities and in the process serving numerous clients into owning land. Raymka is prides in maintaining its high standards of quality products and excellent service delivery. Raymka remains the pacesetters!

HOW TO ACCESSS THE SERVICES?

1. Fill an online form at www.peopledevelopmentfund.com/projects

2. Visit Our Offices in CIL House (Same building with ECO bank and My Bucks Bank), Old Town, Lilongwe.

3. Call or Whatsapp our team on +265 881 392 398 or +265 997 380 606

4. Send us an email at pdfundmalawi@gmail.com






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