Vodafone's solutions provided
Muthoot Microfinance a smoother system of collecting and depositing money. This helped the company provide microfinancing to women for engaging in entrepreneurial activities. By using the solutions, Muthoot Microfinance was able to make a bigger impact on people's lives, making it a Ready Business.
- Muthoot Microfinance needed a fast and convenient system to collect and deposit cash so that its Relationship Manager could spend more time with the team instead of spending all his time in travelling to collect and deposit money.
- With M-Pesa the process became faster.
- The Relationship Manager collects the money from the various groups and converts them to e-money and transfers directly to the wallet of the Muthoot branch cashier, which is then transferred to the Muthoot wallet.
- The transaction takes half the time and is completed in one day.
- Weekends are no more a restriction for money transactions.
- The time saved by M-Pesa ensures enhance productivity of the Relationship Manager.
So, let's make you a Ready Business too.
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