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| Kampuni kinara ya mtandao wa huduma za mawasiliano ya simu za mkononi nchini Vodacom na Benki ya Biashara Afrika - CBA juzi walizindua huduma mpya yenye kuleta mapinduzi makubwa ya M-pawa itakayowawezesha mamilioni ya watanzania kuhifadhi fedha na kukopa kupitia simu zao za mkononi. |
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| M-Pawa, is a novelty in Tanzania’s mobile financial services sector that brings together the best of CBA’s 50 year banking experience in East Africa and M-PESA’s vast successful distribution system which boasts over 65,000 agents across the country. The service will further enhance Tanzania’s financial inclusion agenda by making it possible for people to save as little as Tsh 1/- , and borrow money depending on their savings history, said Vodacom Tanzania’s Managing Director Rene Meza at the launch event. |
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| M-Pawa is easy to use. Customers do not need to fill in application forms. They can open a bank account by simply accessing the M-Pesa menu on their phone and selecting M-Pawa! Furthermore, it does not have ledger fees, limits on the frequency of withdrawals, minimum operating balances and charges on deposits and withdrawals from M-PESA to M-Pawa Account and vice versa, ” said Meza. |
In addition to the over 5 million customers who currently use M-Pesa, Vodacom and CBA are targeting to reach the millions more who are currently outside the formal banking system in Tanzania. We are optimitistic that this service will grow in Tanzania because various studies have shown us that most people want to save and grow their money but are unable to do so because they are unable to meet most of the requirements of the formal banking sector. M-Pawa is our response to this need,” says Meza.
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| His Excellency President Jakaya Mrisho Kikwete launched the service in Dar es Salaam and had this to say, “the historic launch of M-Pawa today is to a large extent a testament to the success of the reforms that we have made in the financial sector, coupled with heavy investment made in the mobile communication industry, which have allowed our people to access affordable financial services through their mobile phone.” |
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Customers can sign up for M-Pawa through accessing the M-Pesa menu on their phone, selecting M-Pawa and then opting for the service that is best suited to their particular requirement at that time . That is, to save money, withdraw or take out a loan.
With regards to the accessing of loans, Vodacom customers need to be have used M-PESA for at least 6 months and have some saving history on M-Pawa says Meza.
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Customers can sign up for M-Pawa through accessing the M-Pesa menu on their phone, selecting M-Pawa and then opting for the service that is best suited to their particular requirement at that time . That is, to save money, withdraw or take out a loan.
With regards to the accessing of loans, Vodacom customers need to be have used M-PESA for at least 6 months and have some saving history on M-Pawa says Meza.
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