Community Savings and Investment Promotion (COMSIP)

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Community Savings and Investment Promotion (COMSIP)

NAME OF ORGANISATION: COMSIP Cooperative Union
POSTAL ADDRESS: P/Bag 105, Lilongwe, Malawi
PHYSICAL ADDRESS: Razvi, House Behind Budget Lodge, Old Town Lilongwe
TELEPHONE NUMBER: +265 1 750 837/ +265 1 759 332
EMAIL: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
CONTACT PERSON: Tenneson Kalizga Gondwe
POSITION: Chief Executive Officer
LEGAL STATUS: Registered under cooperatives Society Act
OWNERSHIP: Owned By primary cooperatives

Community Savings and Investment Promotion (COMSIP) is a capacity enhancement initiative designed to inculcate the culture of savings and investment in both rural and urban communities. COMSIP will transform traditional savings and investment practices to formal savings and investment ventures thus generating income hence enabling the poor to come out of the poverty cycle. The main thrust is on savings mobilization and capacity building required by the poor communities to make savings decisions, and eventually invest from what they save.