![](https://www.malawivoice.com/wp-content/uploads/2024/01/Teachers-768x1024.jpg)
The Private Schools Association of Malawi (PRISAM) is on Sunday set to launch Savings and Credit Co-Operative Society (SACCO) at it’s Annual General Meeting.
The meeting will take lace at Cornerstone Hotel in Mponela, Dowa.
Speaking during a press briefing at Mount Soche Hotel in Blantyre, PRISAM president Aamon Ntafya says the membership driven financial institution will help to bailout private schools and teachers from economic hardships.
![](https://www.malawivoice.com/wp-content/uploads/2023/11/Maranatha-Academy-Managing-Director-Ernest-Kaonga.webp)
Ntafya says at the AGM, the private schools’ body will elect a new executive committee.
Meanwhile, PRISAM Trustee Ernest Kaonga has called on private schools which are not members of the body to join so as to be part of a force which is aiming at improving services in the education sector.