Early this year, April 2016, Citi Bank launched Citi Micro-Entrepreneurship Awards Program in Tanzania. The awards program is designed in raising awareness about microfinance among micro entrepreneurs who benefit from it.
Several micro entrepreneurs presented their business projects to microfinance experts and only thirty one (31) were shortlisted for the final selection.
1. FRANCIS CHINA MWITA VIBINDO FINANCE INSTITUTE
2. LOTTAM YOTHAN CHIDUO CDH FINANCE COMPANY
3. PETER SAMUEL ABILLU ACCESS BANK KENYA
4. ANASTELA BIHANDA BRAC FINANCE TANZANIA
5. ARNOLD PETER KAVISHE YOUTH SELF EMPLOYMENT FOUNDATION
6. GABRIEEL BENARD TESHA MICRO TRUST FINANCE
7. MUSSA TOFIKI MALIKI MICRO TRUST FINANCE
8. CHIKU ABDALLA OMARY TWAWEZA MICROFINANCE LTD
9. JOSEPHAT MCHUNGUZI WAT HUMAN SETTLEMENT TRUST
10. JESCA MSAMBA MICRO TRUST FINANCE
11. SALMA SAID KINHAYAGA TUJIJENGE LTD
12. FELISTUS YETULA CARITAS DSM
13. BEATRICE THOMAS NGOLE CARITAS DSM
14. LEVINA THEODORI SHIRIMA AKIBA COMMERCIAL BANK
15. FATUMA HASSAN ALLY UTT MICROFINANCE PLC
16. ZUHURA ISSA FERUZI FINCA MICROFINANCE BANK
17. CHARLES MWITA KIBANDELA TUJIJENGE TANZANIA LTD
18. ANDREW JOHN LUGAMITA MICRO CREDIT ORGANISATION LTD
19. MARCELA MOTHEDUS NZIGO MICRO CREDIT ORGANISATION LTD
20. JOHN CHARLES CDH FINANCE COMPANY
21. ERNEST JOHN SEMLONO DCB COMMERCIAL BANK
22. MSAFIRI ALLY LIVENE DCB COMMERCIAL BANK
23. JOHARY MKONDE YOUTH SELF EMPLOYMENT FOUNDATION
24. FERDINARD ANTHONY KIMARIO FINCA MICROFINANCE BANK
25. ESTHER ZAKARIA BINAGI FINCA MICROFINANCE BANK
26. JESCA SALVATORY KOKUSIMA TUJIJENGE TANZANIA LTD
27. NEEMA LARBANI JUTASI TANZANIA WOMEN BANK
28. LEAH KITENGE SENGA BRAC FINANCE TANZANIA
29. NEEMA LARBANI JUTASI TANZANIA WOMEN BANK
30. HAMISI MOHAMED BILINGI UTT MICROFINANCE PLC
31. ATHUMAN HATIBU OMARY MICRO TRUST FINANCE
TAMFI congratulates the shortlisted micro entrepreneurs and wish all them all the best in the final selection.
According to TAMFI’s executive secretary the AWARD CATEGORIES AND PRIZE AMOUNTS are as follows
(1) Overall Micro entrepreneur of the year award – $ 7,500
(2) 1st runner-up – $ 6,000
(3) 2nd runner – up – $ 4,000
(4) Loan Officer of overall micro entrepreneur of the year – $ 1,500.
This is to recognize a Loan Officer’s role in provision of financial services to micro-entrepreneurs and support.
(5) Youth Micro entrepreneur – $ 2,000. Intended to motivate more youths to participate in micro enterprises. Special focus to youth is inevitable since they form the biggest number of unemployed workforce in the country. (18 – 25 years old)
(6) Woman Micro entrepreneur – $ 2,000 Special focus on women is critical because studies have shown that generally, women are poorer than men faced with uneven access to resources. Participation in CMIA will encourage them into competent producers.
(7) Disabled Micro entrepreneur – 2,000. There are a number of challenges faced by disabled micro entrepreneurs including infrastructure and mobility. Including them in the program will boost their engagement in socioeconomic activities.
(8) Other 10 Micro entrepreneurs – $ 10,000. This group will widen the scope of outreach to those micro entrepreneurs who have put efforts to a certain level.
(9) Most innovative MFIs (innovations on products and services, delivery channels, methodology, preferably in the rural) – $ 2,500
A troop of honorable judges are still working on the selection of the final award winners which will be released as soon as possible.