Wakandi CAMS is live in Kenya, ready to digitize SACCOs
We are excited and proud to announce that our Credit Association Management System (CAMS) is now live in Kenya. The launch of our system in the Kenyan market is a huge milestone for us.
Our pricing philosophy is inspired by the cooperative (people first) approach of SACCOs. It enables us to offer users a cost-effective and transparent pricing experience.
With CAMS, we have negotiated better tariffs and transaction fees with the MNOs. As a result, the SACCO members are enabled to save more money as they have to pay less than standard charges on transactions.
With CAMS, we charge a fixed cost for each loan application inclusive of VAT and taxes. The entire loan application, including accounting and reconciliation, is being handled digitally on CAMS, saving a lot of time for the SACCOs. Moreover, 100% of the interest goes to the SACCOs directly, turning this into an income-generating process for them.
We are excited and proud to announce that our Credit Association Management System (CAMS) is now live in Kenya. The launch of our system in the Kenyan market is a huge milestone for us.
Introduction - At Wakandi, we strive to build innovative solutions for cooperatives, help them better manage the processes, and foster sustainable development. Our team members in Tanzania, Kenya,...
Let me start by sharing an incredible fact: did you know that around 1.7 billion people worldwide don't have access to basic financial services? That's about one-third of the global population!