Mwananchi Credit Honoured In 2023 Pacesetters Awards For Enhancing Credit Access

• Mwanchi Credit Limited was crowned Pacesetter in Specialised Financial Solutions and Pacesetter in Enhancing Credit Access
• The financial service provider was among firms drawn from over 15 African countries, including top SMEs and mid-sized institutions
• Mwanchi Credit CEO Dennis Mombo said the awards symbolise the company's relentless pursuit of expanding credit access to everyone

Mwananchi Credit Limited has emerged as a big winner at this year's Pacesetter Awards Eastern Africa chapter, which saw over 150 leading firms and 15 professionals in Africa honoured.

The event gala dinner, held in Dar es Salaam, saw Mwananchi Credit honoured as a Pacesetter in specialised financial solutions and Pacesetter in Enhancing Credit Access.

These major international SMEs and Mid-sized firms International Awards, dubbed Pacesetter Awards recognised Mwananchi Credit's commitment to expanding access to credit for individuals across the region.

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

Access to credit in Kenya

It brought together firms from over 15 African countries, including top SMEs and mid-sized institutions.

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.

Expressing his elation at the ceremony for bagging two awards, the Chief Executive Officer, Dennis Mombo, expressed his gratitude and enthusiasm for Mwananchi Credit's achievements.

"These awards hold significant meaning for us, as they symbolise our relentless pursuit of expanding credit access to everyone. We are immensely grateful to God and our clients for our journey thus far."

“Pacesetters Awards considers a range of quantitative and qualitative aspects to determine and honour 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,” said Jared Oundo, Executive Director of Jubilant Stewards of Africa.