Industry, Commerce, Agriculture and Fisheries Minster, Hon. Audley Shaw, is urging Microfinance institutions (MFIs) to employ the most modern technologies and best practices in order to better serve their customers.
He stressed that the sector must invest in technology in order to bring its own innovative financing solutions to market, such as mobile apps to enable further growth in customer relations and foster strategic partnerships.
“Our local microfinance landscape has seen a revolution in recent years with several mobile money offerings targeted at an increasingly...