FinanceRite hails MFI Hub


One of the country’s microfinance institutions, FinanceRite, has hailed MFI Hub for simplifying its operations.

FinanceRite is the latest firm to go live on the MFI Hub, which promotes financial inclusion through the provision of interoperable financial transaction processing technologies on a pay-as-you-use basis.

Speaking in Lilongwe during the weekend, FinanceRite Operations Manager Pearson Kasanda said MFI Hub has brought many advantages to their operations.


“It is simplifying our job; we can serve our customers efficiently, our operations are more effective and we can focus on growing our business fast because the MFI Hub system has taken care of our technology needs.

“In addition, we are able to easily trace our loans because all the details are within the system,” Kasanda said.

MFI Hub Chief Executive Officer Joseph Mayenda said they are quite excited to be part of the change that this country needs to see in the microfinance sector.

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