Mobile Transactions hits Two

Last week Mobile Transactions turned two years old after doing our first money transfer on April 1, 2009. Since then, we have achieved the following:

· -142,333 money transfers worth 41.7 Billion Kwacha; I remember at one point starring at the customer care computer screen, waiting for Money transfer number 100 in a single day, and when we hit it, we jumped for joy.

· -Over 300,000 e-vouchers worth over $6 million with transactions across 30 districts with the World Food Programme, Food and Agriculture Organisation, and Conservation Farming Unit.

· -10 Champion agents and 120 regular cash agents, the first Agent to ever be set up was Nato investments in Mazabuka, it was set up on the 29^th of March 2009 by our IT Support & Business Intelligence Manager Binoy George, Also Known As ‘employee number 3,’ and then Human resource manager Joseph Gondwe, we went on to set up 129 more.

· -24 staff across two offices, we are diverse team that is passionate about connecting the unbanked to financial services and driven to succeed

· -Best Mobile Start-Up in Africa http://mobilemoneyafrica.com/?,

· -$1.7 million of Dunavant cotton farmer payments

· -$500,000 in unbanked microfinance loan disbursements paid out through our agents

· -$1.5 million in banked payments

· -Successful launch of our supplier payments product with two milling companies and a dozen retail agents

There are many more achievements and I could go on and on. As we explore Thanks to everyone for their hard work and commitment to date, and join me in wishing Mobile Transactions a very belated Happy Birthday!!!

Memory Chirwa,

Brand Manager