One of the most courageous things you can do; is, identify yourself, and know who you are, what you believe in and where you want to go.
The Africa Women in cooperatives network aims to improve the presence of women within the cooperative sector, the strategic intervention is to reach out to as many women as possible by bringing services closer to them.
The network focus is empowering women to be able to do what they want, to be true to themselves and to maximize the opportunities in development. As women, we have appreciated the worth and each other’s worth, seek out strong women to be friendly to align themselves (Women) with, to learn from, to collaborate with, to be inspired by, to support and to enlighten by.
Mojaloop is open-source software for financial services companies, government regulators, and others taking on the challenges of interoperability and financial inclusion. Its main purpose is to send digital payments to anyone, regardless of what kind of account or service they use.
As a project funded by The Bill and Melinda Gates Foundation, after every 10 weeks the Mojaloop team conduct a community meeting and invite stakeholders in financial services, mobile technology and payment industry to share ideas on the improvement of its codes by discussing on different business cases that could be. The seventh community meeting was held in Arusha, Tanzania. Singo Africa Limited was one of the invitees to join many other companies from outside the country that attended and some other companies from Tanzania that attended the meeting were Bank of Tanzania and Umoja Switch.
The SACCOS are important institutions for providing financial services to marginalized communities and must be harnessed to help alleviate poverty in Tanzania and Africa in general. There is a need to build the internal capacity to meet the challenges that constrains their development. Unfavorable government policies, weak governance and management systems must be addressed. They should cooperate with the government and other development partners for better policy and legislature environment. Furthermore, in order to succeed to succeed in the new era of globalization (liberalized), the Savings and Credit Co-operative Societies (SACCOS) in different communities need to be people centered, be owned and controlled by members, should have a good leadership and management accountable to its stakeholders, and should be sensitive and responsive to the needs of its stakeholders and to changes in its internal and external environment.
We are happy and pleased to successfully release our first major version of our awarding Amala App Suite platform for FinTech on November 2018 that will serve the financial inclusion of unbanked and underbanked community in Tanzania, a platform based on Apache Fineract and Mifos.
In this release of Amala we have shipped in the following key new features among others:-