Communities in Nsanje have hailed Digital financial services, which they believe will help to reduce cash theft in the district.
Speaking during Village Savings Loan (VSL) sensitization meetings, Eliza Ken from Ndenguma Village Traditional Authority Malemia said digital financing will help to protect their money from armed robbers and secure money for VSL groups.
“Nsanje borders Mozambique and the issue of theft is on the rise and it has been a threat for me to keep cash in my house,” she added.
Daniel Chabuka from the same village adds that digital financing is instant and convenient, considering that the district only has one bank which is usually congested.
The digital financial services campaign is being championed by AC Consulting with support from the Reserve Bank and the Ministry of Finance.
By Robert Nayeja, MANA
