Mwananchi credit honored in 2023 Pacesetters Awards
Mwananchi Credit Limited was a big winner at this year’s Pacesetter Awards Eastern Africa chapter which saw over 150 Leading firms and 15 professionals in Africa honored.
The event gala dinner, held in Dar Es Allam, saw Mwananchi Credit honored as a Pacesetter in specialized financial solutions and Pacesetter in Enhancing Credit Access.
These major international SMEs and Mid-sized firms International Awards dubbed Pacesetter Awards recognized Mwananchi Credit’s commitment to expanding access to credit for individuals across the region.
The awards were organized by Jubilant Stewards of Africa a Non-Governmental Organization that champions the improvement of living standards, social ethics, dignity and empowerment of communities.
It brought together firms from more than 15 countries in Africa including top SMEs and mid-sized top institutions.
Pacesetters Award (PSA) is an annual Industry Leadership Recognition program.
These awards are based on the economic and social impact rather than the balance sheet.
Expressing his elation at the ceremony for bagging two awards, the Chief Executive Officer Mr. Dennis Mombo expressed his gratitude and enthusiasm for Mwananchi Credit’s achievements.
“These awards hold significant meaning for us, as they symbolize our relentless pursuit of expanding credit access to everyone. We are immensely grateful to God and our clients for our journey thus far.”
“Pacesetters Awards considers a range of quantitative and qualitative aspects to determine and honor the winners. A novel survey model was initiated in 2020 for the hyperinflationary environment.
The model has since been tested and it demonstrated its functionality, elasticity, and robustness. Furthermore, models in various industries such as the financial sector were remodeled to enhance their significance to the current environment, enhance quality and increase the objectivity of results,” said Jared Oundo, Executive Director of Jubilant Stewards of Africa.
Courtesy: Gitonga Muriithi
