December 2, 2021by admin0What is the procedure for processing funding requests?

On receipt of the project proposal, a decision is made on whether the project is eligible for funding or not. The applicant is then notified of the decision. Once the project is eligible for funding, a detailed appraisal is carried out. After the detailed appraisal, MAIIC makes a decision and the client is notified accordingly. MAIIC will commence disbursement upon fulfilment of the disbursement conditions agreed with the client.