NMB ENGAGES WITH WOMEN ENTREPRENEURS AT SABASABA 2024

NMB Bank PLC has held discussions with members of the Tanzania Women Chamber of Commerce (TWCC), who are participating in the 48th Dar es Salaam International Trade Fair, popularly known as Sabasaba. The purpose of these discussions was to showcase financial opportunities and solutions that contribute to their growth and the overall economic development of the nation.

TWCC participants are leveraging this renowned platform to market and sell various products, including processed foods, tailoring services, cosmetics and beauty products, health and medical supplies, and traditional medicine, among others. NMB visited the exhibitors, acknowledging and appreciating their efforts in uplifting businesses and stimulating economic growth.

Addressing the participants, NMB Bank's Company Secretary, Ms. Mwantumu Salimu, emphasized the bank's recognition and appreciation of women's contributions to economic expansion. She highlighted the bank's commitment to supporting and collaborating with them by providing friendly financial solutions to aid their economic growth.

"We recognize your tireless efforts as women entrepreneurs. You serve as an exemplary model for many women across the country, inspiring young girls to gain confidence and commit to their work, businesses, education, and other endeavors.

"Your unwavering dedication, professionalism, and high level of trustworthiness have been pivotal in empowering women across various business sectors. TWCC stands as a testimony to the significant progress we witness today," Ms. Mwantumu stated.

She encouraged the women to visit the NMB booth to access comprehensive banking services, including financial education, loans, and diverse insurance products, such as the "Machinga" insurance tailored for businesses, through their experts, assuring substantial benefits for attendees.

"I urge you to explore the various loan opportunities and financial education provided by NMB, which are crucial for you as entrepreneurs. This includes the Women Entrepreneur Platform, a special service designed to create numerous opportunities for economic enhancement.

"We also offer accounts like NMB Jiwekee, NMB Pesa, and NMB Kikundi, which seamlessly connect to the NMB mobile service, allowing customers to borrow from Sh. 1,000 to Sh. 1 million without collateral or visiting our branches," she elaborated.

On her part, TWCC’s Executive Director, Ms. Mwajuma Hamza, expressed gratitude to NMB for recognizing and valuing the efforts of their members, who have long benefited from the bank's services, with many holding accounts, loans, and insurances provided by the institution.

"On behalf of the TWCC Board and Women Entrepreneurs of Tanzania, we deeply appreciate NMB for continuously supporting our economic growth by closely assisting our members," Ms. Mwajuma acknowledged.

She urged TWCC members to take advantage of the opportunities presented by Ms. Mwantumu's visit, including financial education, loans, and insurance services, which significantly contribute to accelerating their economic growth through their businesses.

One TWCC member, who identified herself as Janeth Munisi, shared her experience as a beneficiary of NMB’s loans for small, medium, and large-scale entrepreneurs. She attributed her economic stability and ability to employ other women to the bank’s support.

"As a businesswoman and TWCC member here to exhibit our processed products, I have greatly benefited from NMB, having received numerous loans and participated in seminars, conferences, and NMB business clubs," Janeth noted.