• The TV competition program seeks to provide business and financial literacy to micro-business owners
• FINCA Microfinance Bank continues to be the bank that supports financial inclusion in the span of 20 Years of existence and more in Tanzania
Dar es Salaam, Sept 29th, 2018 – Tanzania’s fastest-growing Bank, FINCA Microfinance Bank has today premiered a business competition TV program which seeks to empower micro-entrepreneurs by providing business skills, knowledge and later pump over TZS 10 Million to the best business idea presented.
The competition, dubbed, ‘Kuza Ofisi na FINCA’, has initially been implemented in four of Dar es Salaam’s districts that include, Kinondoni, Ilala, Temeke and Ubungo. These districts are attached to the bank’s branches that are strategically located in Tegeta, Ilala, Victoria and along Pugu Road towards the Airport.
Speaking during premier of the TV program in Dar es Salaam, FINCA Microfinance Bank Tanzania’s Head of Marketing and Communications, Nicholous John said that the main aim is to give business and financial education to micro-business owners and entrepreneurs which will later be translated to the growth of their businesses. The winner out of the program and competition will be financially empowered to jumpstart their own micro-businesses.
“This is the second phase where 8 contestants have been handpicked by a panel of judges to participate in a reality TV show dubbed, ‘Kuza Ofisi na FINCA’ to be aired on TVE and hosted by TVE presenter Emmanuel Kapanga FINCA is determined to use this TV show to provide financial education to existing and potential micro-business owners and entrepreneurs for them to experience what it takes to come up with a practicable business idea, perfect it and readying ideas for execution,” said Nicholous, adding that the lucky winner will scoop the prize and other qualified participants will also stand a chance of accessing loans from the bank’s offerings.
On his part, FINCA Microfinance Bank’s Chief Commercial Officer, Emmanuel Mongella said: “The KUZA Ofisi na FINCA Campaign, is part of FINCA’s way to celebrate 20 Years of operations in Tanzania where the Bank has been best known to offer tailor made solutions through variety of Accounts, Credit offerings and other service which cuts across from individual to institutional needs”.
Mongella also added that “Financial Inclusion and Digital Innovations is at the core of our business, the competition is another pledge FINCA Microfinance Bank is instilling to Tanzanians that it is there to support them in financial assistance through education and empowering our clients so as to secure sustainable business development”.
Commenting on the preview John said “Things are looking up for everybody, there is a lot of anticipation and a lot to learn and be excited about. People should tune in on TVE and watch this!”