‘.MTN MoMo Launches Zimba Business with MoMo Campaign to Empower SMEs in Uganda’ In a bid to provide tailored financial solutions to Small and Medium-scale Enterprises (SMEs), MTN MoMo has unveiled Zimba Business, a suite of mobile money services designed to accelerate their growth and empower their business operations. The launch was coupled with the “MoMo for Business” campaign, which aims to educate SMEs on the benefits of digital financial services and encourage their adoption of Zimba Business. Zimba Business Services Zimba Business offers a comprehensive range of services to cater to the specific needs of SMEs: * Business Account: Dedicated account for business transactions, with features such as account statements and transaction reporting. * Merchant Payments: Enable businesses to receive payments from customers through mobile money, USSD, and QR codes. * Bulk Payments: Facilitate bulk payments to suppliers, employees, and others conveniently and efficiently. * Business Loans: Provide access to working capital loans through partnerships with financial institutions. * Business Management Tools: Offer tools for expense tracking, invoice generation, and inventory management. Benefits for SMEs Zimba Business empowers SMEs by: * Enhancing Payment Efficiency: Enables seamless and secure transactions, reducing the reliance on cash and improving cash flow management. * Simplifying Business Operations: Automates financial processes, saving time and resources, and allowing business owners to focus on core activities. * Growing Revenue: Provides access to new payment channels, expanding customer reach and increasing sales opportunities. * Accessing Financial Support: Facilitates the acquisition of business loans, supporting SME growth and expansion. MoMo for Business Campaign The “MoMo for Business” campaign aims to: * Educate SMEs on the advantages of Zimba Business and mobile money for business. * Raise awareness about the financial benefits and convenience of digital financial services. * Partner with industry stakeholders to promote the adoption of Zimba Business among SMEs. Through the campaign, MTN MoMo is committed to fostering financial inclusion and empowering SMEs in Uganda. By providing access to Zimba Business, MTN MoMo believes it can contribute to the growth and success of the SME sector, a vital contributor to the country’s economic prosperity.MTN MoMo Empowers SMEs with “Zimba Business with MoMo” CampaignMTN MoMo Empowers SMEs with “Zimba Business with MoMo” Campaign MTN MoMo, Uganda’s leading mobile money service, has launched the “Zimba Business with MoMo” campaign, an initiative aimed at empowering small and medium-sized enterprises (SMEs). Campaign Overview The campaign was launched at Nakawa Market, where trading community representatives were showcased the benefits of MoMo for Business services. MTN MoMo recognizes the vital role SMEs play in the Ugandan economy and is committed to providing end-to-end financial solutions. Key Features The campaign highlights four key features designed to support business owners: * Get Paid: Receive payments seamlessly into MoMo wallets, consolidating earnings and offering customers cashless options. * Make Payments: Manage payments efficiently to suppliers and vendors through merchant-to-merchant payments. * Get Loans: Access fast business loans and higher limits through Wezimbe and XtraStock business loans, facilitating expansion and financial inclusion. * Earn Money: Generate additional income by assisting clients with MoMo transactions, fostering closer relationships and earning commissions. Rationale MTN MoMo Chief Product Officer Jemima Kariuki explained that the campaign aims to position MTN MoMo as a trusted business partner, offering tailored solutions to address SME challenges. Ambition 2025 The campaign aligns with MTN’s Ambition 2025 initiative, which prioritizes financial inclusion and economic empowerment. MTN MoMo aims to make it easier for customers to manage their finances and save for the future. Regional Outreach To reach SMEs nationwide, the campaign will conduct Katogo breakfast meetings in various locations. Business owners can stay updated on social media for information on local team visits. Conclusion MTN MoMo’s “Zimba Business with MoMo” campaign provides SMEs with tools and solutions to enhance their operations. By joining the campaign, business owners can explore how MTN MoMo can empower their businesses and drive growth and financial stability.MTN MoMo Launches Zimba Business with MoMo Campaign to Empower SMEs in Uganda Kampala, Uganda – MTN MoMo, the leading mobile money service in Uganda, has launched Zimba Business with MoMo, a campaign designed to empower small and medium-sized enterprises (SMEs) in the country. The campaign aims to provide SMEs with access to financial services, digital tools, and business support to help them grow and thrive. “We are committed to supporting the growth of SMEs in Uganda, which are the backbone of our economy,” said Sylvia Mulinge, General Manager for Mobile Financial Services at MTN Uganda. “Zimba Business with MoMo is our way of providing them with the resources and assistance they need to succeed.” As part of the campaign, MTN MoMo has introduced a range of products and services specifically tailored to the needs of SMEs, including: * Zimba Business Account: A dedicated account for businesses with access to loans, insurance, and other financial services. * MoMo Pay: A payment solution that allows customers to make payments to businesses directly from their MTN MoMo accounts. * MTN Business App: A mobile app that provides businesses with access to financial management tools, invoicing, and customer relationship management. In addition, MTN MoMo will be offering a series of training workshops and webinars to help SMEs build their business skills. “We believe that by empowering SMEs, we can drive economic growth and create jobs in Uganda,” said Mulinge. “Zimba Business with MoMo is a major step towards achieving this goal.”