Enter your login in information to proceed.
Wealth Creation Business Group (WCBG) is a group of between 7-15 business people, who are passionate about multigenerational wealth creation. They know each other and come from the same economic background. They save their money as a group on a monthly basis through buying shares called Gold Bars and have access to loans for their businesses from the group savings and at Wealthnet Finance.
The money mobilized through the purchase of Gold Bars, interest earned from loans issued to group members and income generated from penalties for breaking the group’s code of conduct are deposited at a Group’s commercial bank account. This fund is called Group Investment Fund (GIF) or Loan Fund (LF). It is from this fund that members borrow for their businesses. In short, Wealth Creation Business Groups are established in order to bring sustainable financial services to its members and profitably support Malawians build wealth and be financially free and self-reliant. WCBG is also a product that Wealthnet will use to collect deposits from the general public.
