Mwananchi Credit Takes Home Two Awards at the 2023 Pacesetters Awards

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.

The awards are organized by Jubilant Stewards of Africa a Non-Governmental Organization that champions the improvement of living standards, social ethics, dignity and empowerment of communities.

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 country.

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, Tanzania, saw Mwananchi Credit honored as a Pacesetter in Specialized Financial Solutions and Pacesetter in Enhancing Credit Access.

“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.” Expressing his elation at the ceremony for taking home two awards, the Chief Executive Officer Mr. Dennis Mombo expressed his gratitude and excitement for Mwananchi Credit’s achievements.

Jared Oundo, Executive Director of Jubilant Stewards of Africa said, “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,” he added.