Mwananchi Credit Limited was a big winner at this year's Pacesetter Awards Eastern Africa chapter which saw over 150 Leading firms and 10 professionals in Eastern Africa honored.
The event gala dinner, held at the Weston Hotel Nairobi, saw Mwananchi Credit honoured as a Pacesetter in Asset Financing and the Pacesetter in Enhancing Credit Access.
These major international SMEs and Mid-sized firms International Awards dubbed Pacesetter Awards recognized Mwananchi Credit's commitment to expanding access to credit for individuals across the country.
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.
It brought together firms from at least 10 countries in the Eastern Africa region including top SMEs and mid-sized top institutions from Kenya, Uganda and Tanzania among other countries.
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, General Manager Muriithi Gitonga expressed his gratitude and enthusiasm for Mwananchi Credit's achievements.
"These awards hold significant meaning for us, as they symbolize our relentless pursuit of expanding credit access to everyone. We are immensely grateful to God for our journey thus far."
The Pacesetter Awards recognized Mwananchi Credit's performance and unwavering dedication to providing financial solutions to their clients.
“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 remodelled 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.
Oundo said Jubilant Stewards of Africa in partnership with the United SMEs Association of Kenya is organizing a Tech expo that will take place in Nairobi Kenya from the 3rd to the 5th of November 2023.
In addition, they are organizing a business trip for all award winners set for next year in either Singapore, Dubai, London, or North Carolina.
Some of the new entrants in the 2023 Eastern Africa Chapter of the awards include Westland Laser Eye Hospital, MP Shah Hospital, Pekan Real Estates Ltd, Nyeri based - Modern Furniture Pacific, Tours and Travel firm - Spoton Vacations Ltd, Jambo Freight Tanzania, Pembe Flour Mills, Air Travel and Related Studies and Joy Millers.
Others are EM Primelands Ltd, The Mimshack Homes Real Estate firm, AMG Realtors, Simpet Kenya Ltd- Creative Graphics design and corporate branding solutions provider and Brett and Baileys Limited, Tanzania.
Most of the awardees have been conferred with other awards including the Top KPMG 100 Survey and other international awards.
Notable firms that have featured in the Pacesetters Awards Eastern Africa Kenyan Chapter include; Telecommunication giant Safaricom, Ena Coach, City Walk, Avantis Insurance Agency, Certified Homes, Gotovate Africa Safaris Group, GMC place Kitengela, Automotive Doctor Motor Garage, Sung Timber, German Institute of Professional Studies and Joy Millers Limited. New entrants include; Jambo Freight Ltd Tanzania, inter consult Tanzania, Spik n Span Tanzania, and Raphael Logistics Ltd Tanzania.
