A Partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations in other words, it is a form of business operation between two or more individuals who share management and profits. A partnership can also be defined as a collaborative relationship between organizations. Therefore, a partnership can serve as a learning mechanism that teaches you to be better at what you do and enables you to achieve your organizational goals. In its most ideal form, a relationship means that you two have entered a partnership. It means that you both work things out between the two of you as a team, even when you don’t agree with one another. It means that you never have to worry about a serious betrayal because you’re both working toward the same goal.
The Importance of Strategic Partnerships in SACCOs-Microfinance Business is to allow small businesses the opportunity to grow their customer base and improve their business. But gaining new customers is only one of many reasons for forming partnerships, two heads (or more) are better than one. your business is easy to establish and start-up costs are low. more capital is available for the business. you’ll have greater borrowing capacity.
“Trust is the glue that holds organizations together. More powerful than contracts or authority, trust enables partner companies – or groups within a company – to achieve results that exceed the sum of the parts. Without trust, alliances fail.”[1]
Amala App Suite is not only a partner so to say but a Trusted one that works day in and day out to support the operations of the SACCOs-Microfinance Industry in Tanzania. It builds a bond with SACCOs-Microfinance Institutions in sorting out solutions to the operational problems that arise within this sacred sector in Finance. By our time of experience, we have unique insights on what is missing from traditional service providers. We have great ideas on how we can provide niche and customized support to bridge the gap among the SACCOs-Microfinance Sector in Tanzania.
Through our various services, we systematically capture, analyse, interpret and summarize data to generate knowledge that helps you in effective decision making and operations. Our analytical and decision support capabilities are enhanced by a culture of transparent collaboration with our clients. Our philosophy of shared success is reflected by the fact that over 80% of our new annual work typically comes from existing customers, and determined to drive them far and even better in this Industry.
Our long-term business partners have a vested interest in helping their clients solve business challenges, even when their products or services aren’t being considered. However, becoming that trusted advisor whom clients can always call on is often of more value and benefit for the trusted advisor. For when their products and services are needed, busy clients will have confidence their best interests are being addressed. The foundation of your organization’s success revolves around servicing the client. Strategic alliances enable a business to gain competitive advantage through access to a partner’s resources, including markets, technologies, capital and people.
Kindly visit us to get your affordable solutions and services that could lead your business to the paramount of hope gross profit and safety to your business operations.
