A Key Secret towards Successful Growth of your SACCOS-Microfinance Sector in Tanzania

It may be hard to acknowledge the investments that small business put in the SACCOs-Microfinance industry in most cases because of being unfamiliar with the industry itself and the challenges at the beginning, but Amala App Suite recognises that and in primacy and that being the case it opens doors and further opportunities to the business of all scales in the SACCOs-Microfinance sector. Our services extend to not only providing our core services but also train our clients on strategies and means of winning the SACCOs-Microfinance sector in Tanzania. This is because we believe our winning and great service depends on how our clients and their clients win in the sector by getting in return the expected result and more.

The system avails you with multiple solutions to your managerial tasks and the efficient control of your funds. You get to examine the trend of your operations and management of funds. If all that is enough the system provides you with the best loan management software that help your business acquire efficiency and accuracy.

Amala App Suite serves the best customer care solutions to all the clients that have adopted the system so far. It is embedded with dedication in hard work and long-time experience in servicing this SACCOs-Microfinance Industry in Tanzania. Our desire is to let the business grow further and attain their determined goal. This is not only beneficial to our clients but it produces quality and competitive value to the sector something that endeavour its growth at large.

The belief is built on proficient coordination that is built day by day between our beloved clients and our product and service. It is the alarming signal to the growth of the sector regarding the current situation in the sector. These significant signals such as law amendments that provide for the ground where this sector can now benefit from its operation with efficiency and accuracy. It is must to be born in mind that this industry in our country is still growing and that shows proof that it has a way out to create for many businesses and investments in Tanzania. As a country that is developing it is crucial for the regulatory bodies and the government pay special attention to this sector as it bears the deep-rooted opportunities to the citizens and as far as finance is concerned it acts as the current core of development within and outside the boarders of Tanzania.

In SACCOS operations we still need to be driven to making the life and experience of our clients in this sector far more easies than usual for them to build capacity and grow their business but also promote thrift among our clients and their members by affording them an opportunity for accumulating their savings, and to create thereby, a source from which loans can be made to them exclusively, at a fair and reasonable rates of interest, and to provide the opportunity to use and control their money for their mutual benefit.

On the other hand, while the concept of microfinance is relatively new to Tanzania, the impacts of its introduction are already visible. Smallholder farmers have been especially affected by this change, since Tanzania has a majority agricultural-based economy. Credit facilities without collateral damage have allowed farmers to grow their business, by buying products like fertilizer and more advanced equipment to boost productivity, and profit from their harvest without the threat of inescapable debt. Microfinance has also provided non-farming rural citizens with employment opportunities by allowing them to more easily launch small businesses, such as carpentry and food vending. Although the adoption of this economic practice is somewhat low in rural households, studies show that if fully adopted, microfinance could collectively raise the incomes of Tanzanians living in rural areas. This statistic becomes even more significant when paired with the fact that 90% of the impoverished in Tanzania live in the countryside and thus, rural households make up the majority of those unqualified for conventional banking services. Not only has microfinance affected socioeconomic status within Tanzania, it has also improved gender inequality within disadvantaged communities.

The collections as it seems to be, it requires a magnificent solution to support this rapid growing sector in our country and so Amala App Suite is the best recommendable solution to the operation of this sector. It is hard to deny completely that there exist no challenges in this this sector but Amala App Suite is the way out that is designed to cure such problem that arise timely in the SACCOs-Microfinance sector in Tanzania and at very affordable means that any one could afford to get the best solution.

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.

‘Let’s Grow Together’

Nickson Lutakubwa

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About us

A technology for financial inclusion that has features for financial institution flexibility to grow and advance in its way of managing customers, financial products, fast and regular reporting capabilities.

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SingoAfrica Limited
Mbezi Beach "B"  | Mwai Kibaki Road | 6 Wasafi Str.

P.O BOX 78908 | 14121 Dar es Salaam

This email address is being protected from spambots. You need JavaScript enabled to view it. | +255 71 262 8896 | singo.africa | amala.co.tz

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