NMB Bank is geared up to create future exhibitors through the first ever business account for micro and small businesses dubbed FANIKIWA account, to take active part in both local and international trade fairs.
The Bank’s Relationship Officer,
Business Banking, Mr Barak Kiamba, at the ongoing 41st Dar es Salaam
International Trade Fair (DITF), says that the window has attracted over
4,500 new accounts in just one month after its launching.
“With this account customers will be
able to establish a business relationship with NMB, making it relatively
easier for them to access loans between 500,000/- and 30m/- that can be
invested in various economic activities,” he said.
He said with FANIKIWA, customers may
become members of business club that have enormous benefits including
training opportuni ties on how to grow business strategically.
He said during this year’s trade fair,
visitors are invited to open FANIKIWA account which is an opportunity to
join the formal economy. He said the account is expected to recruit
many small business owners like the Mama Ntilie and Hawkers, including
them in the formal economy.
He said also that FANIKIWA account was
an affordable and easily accessible business account designed to serve
the micro business, with either a business licence or permit. NMB has
been serving the small and medium enterprises customers since 2000, with
the objective of assisting them to grow their businesses.
NMB Bank which is being the institution
that serves a diversified customer segment according to their needs, has
designed a tailor made business account specially designed for
financial inclusion purposes.
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