Super League players in Mzuzu have undergone training to understand how to save money through Mpira Sacco.
Malawi Union of Savings and Credit Cooperation (Muscco) in conjunction with Super League of Malawi (Sulom) organised a day-long training at Mzuzu University.
The initiative is part of Sulom’s strategic objective of commercialising football while uplifting the welfare of players in the country.
The players came from Moyale Barracks and Mzuzu University (Mzuni) FC.
Speaking after the training, Muscco business development manager Ezekiel Thindwa said the training was aimed at providing players with information on how Mpira Sacco will operate.
He said it is Muscco’s mandate to provide information so that the Mpira Sacco members make right decision.
“It is the duty of Muscco to establish the financial groups, we, therefore, find it imperative to sensitise our up-and-coming members so they build right information on Sacco,” said Thindwa.
According to Sulom treasurer Tiya Somba-Banda, with Mpira Sacco players will have access to loans out of their savings.
“As Sulom, our desire is to improve the welfare of our football players. This cannot be attained if access to financial services is still not accessible to our players. Mpira Sacco will close such gap,” said Banda