Hivi unajua mgonjwa mmoja kupasua moyo ni shilingi ngapi ukilinganisha na hapo Nairobi au Karen Hospitals?, unadhani kwanini wakenya wanakuja huku badala ya Nairobi au Karen Hospitals?, gharama ni chini ya nusu ya bei ya huko kwenu. Kenyans are coming because majority can't afford medical fees in Nairobi.Not charity my friend! Those Kenyans are paying for it. Hata kulipwa hamtaki? 😵
When are you going to stop feeding your young ones on dogs milk?[emoji23] [emoji23] [emoji23] [emoji23]Poverty stricken older brother. Hahahahahahaha
Kenya sio wazalendo.. Na hawajui asili yao. Ndio maana kutwa kung'ang'ana na kwa jirani Mara mlima mala Abdul Naseeb 😉.. Hakuna utumwa mbaya kama utumwa wa kifikra..Ndo mana nawambie kenya bado ipo utumwani zaidi unafananisha mkombozi wa afrika na mtetezi wa haki za wanawake kisa kapewa tuzo na wazungu huvi Kenya shuleni mnafundishwa nini.
Naamini Kenya hata mtetezi wenu wa haki za mashoga akipewa Nobel mtasema ameacha legacy Kenya
Logic huwa ni ndogo sana Kiongozi... Prize unapata unapowafurahisha mabwanyenye... Sometimes they just wish to give for the fun of it..let me test your IQ by asking you a small logical question.
baba wa taifa la india mahatma gandhi
hajazawadiwa nobel peace prize.
ndio kusema gardener wangari mathai wa kenya mwenye nobel peace prize
ni mashuhuri sana duniani kuzidi mahatma gandhi?.
ukijibu kwa emotion nitajua wewe ni kilaza. [emoji23] [emoji23] [emoji23] [emoji23] [emoji23] [emoji23]
Ref.. Maana ya Serikali,..siasa na uraia , shule ya msingi. Serikali ya Tanzania ni watanzania.. And collectively we own our land.Maybe kuna Tanzania mbili. The last time I asked, I was told that the government of Tanzania owns all the land in Tanzania which it then leases to its citizens for a period of 99 years. Dear Tanzanians, let me remind you that when you lease something, it doesn't belong to you. Hiyo ni mali ya serikali yenu, si yako!
We donate to you dude...shut the *** upwho asks for service?, our food is on high demand from other neighboring countries, we just do a favor to sell to you at price you can afford, other wise we can say no and sell it to SADC countries at higher price because they have money.
We don't.read copy and paste. Summarizes you're comments. We like most pictures and few understandable descriptions.Scholars study Equity Bank’s model of dealing with customers
Equity Bank chief executive James Mwangi hosts Wings To Fly students who passed the KCSE exam, at Equity Center in Upper Hill, Nairobi, on December 23, 2017. When the Equity Group Holdings was founded on October 1984, it was known as the Equity Building Society.
The 30-year history of Equity Bank and its journey in retail banking has been captured for the first time in a new book.
The scholarly book, Developing Africa’s Financial Services, The Importance of High Impact Entrepreneurial Services, by Dana Redford, tells the story of Equity Bank in fresh light, including how Equity “democratised” banking in the 1990s.
Equity is currently Kenya’s largest bank by customer accounts.
CUSTOMER BASE
When the Equity Group Holdings was founded on October 1984, it was known as the Equity Building Society.
Today, the bank’s parent company, the Equity Group Holdings, claims a customer base in excess of 9.2 million in the six East African countries that it serves.
In its original structure, Equity Group Holdings aimed at providing mortgage financing for low-income customers, opening up opportunities for those previously excluded from financial services.
BUSINESS MODEL
Due to asset liability mismatch problems of the mortgage business model, Equity Building Society was declared technically insolvent by the Central Bank of Kenya in 1993 but bounced bank as a bank over the years.
In the book, researchers Dr David Zoogah — an associate professor of management at the Williams College of Business, Xavier University, USA — and Christian Wolf — a PHD candidate at Lisbon University in Portugal — trace and highlight the decade from 1994 as uniquely the first phase of growth for Equity when it changed the focus of its business model from mortgages to microfinance.
They then trace the bank’s history that marked its turnaround to robust growth in both the number of customers as well as its profitability eventually culminating in conversion from regulation under the Building Societies Act to the Banking Act in 2004.
The book says Equity Bank’s second phase of growth was marked by expansion of its products menu.
From here it embarked on its journey to becoming a national bank, its migration to a robust core banking system and adoption of alternative business channels.
The role of the Group chief executive officer James Mwangi in the bank’s growth and financial inclusion is also examined at length.
The researchers note the lender’s turnaround was driven by Mr Mwangi, then an accountant and banker, who in 1994 took over as finance, operations and strategy director of the building society before he became CEO in 2004.
The researchers argue that Mr Mwangi “understood from the onset” that the solution to Africa’s problems lay in wealth-creating entrepreneurs.
“(Mr) Mwangi is a transformational leader and entrepreneur who had a great role model and mentor in his mother, who raised seven kids as a single parent working hard as a subsistence farmer,” the authors say.
“He transformed Equity into a bank that supports entrepreneurs on a large scale.”
ACCOUNT HOLDERS
The book says that after his promotion to the position of finance director, Mr Mwangi shifted the organisation’s focus from the competitive mortgage market to micro loans.
The secret of his untested strategy, the book argues, was to offer millions of unbanked citizens — including the rural poor — micro loans from little as Sh500.
The lender at the same time did away with stringent collateral or property-ownership requirements and allowed anyone with a national identity card to open an account.
By comparison, the average loan amount by other banks, especially multinationals, was about Sh16,000.
This was a game changer, the researchers argue.
MOBILE BRANCES
Around the 1990s the banking industry was hit by branch closures.
Equity would however survive the turbulence because of its unconventional banking model.
Additionally, where there were too few customers for it to build branches, Equity would use mobile branches.
The book says this created new standards of service, earning the bank a huge and loyal indigenous customer base, including of formerly unbanked Kenyans.
This also debunked the myth that banking the poor did not make business sense.
“Coming from humble and even troubled beginnings, Equity Bank has transformed itself into a highly competitive player in the banking sector,” the authors say.
“Equity continues the path of high impact entrepreneurship that was chosen in the mid 1990s when the bank launched its turnaround,” they conclude.
NGUGI: Scholars study Equity Bank’s model of dealing with
The price of unga was just political....then the govt made a subsidy to make mwananci hapi...those theories of you maybe are from your grand mum storiesDo you remember some few months back, our government imposed restrictions on exportation of food, what happened in Kenya interms of inflation and availability of food especially unga?, do you remember the price of packet of 2kgs of unga and its availability in your supermarkets, do you want that situation to occur again?, I repeat, Tanzania feeds Kenya, Tanzania can easily disturb lives of Kenyans
"You are children" dude please use kiswahili...you're making a fool of yourselfThat shows how fool you are, do you think people do it GDP?, you are children survive on dog milk and many people are dying daily of hunger but stupid people like you are singing GDP, you must be a captain of group of idiots.
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Tundu lisu aliponywa wapi?...case closedTunachakula, tuna Hospital bora sana kwa cancer na heart surgery ambazo mnazihitaji sana, wakenya wamejazana katika hizo Hospital zetu, otherwise wengi wangekuwa wameshakufa
No Kenyan can come to third world hospitalsHivi unajua mgonjwa mmoja kupasua moyo ni shilingi ngapi ukilinganisha na hapo Nairobi au Karen Hospitals?, unadhani kwanini wakenya wanakuja huku badala ya Nairobi au Karen Hospitals?, gharama ni chini ya nusu ya bei ya huko kwenu. Kenyans are coming because majority can't afford medical fees in Nairobi.
Cry baby..nobody forced u to read thatWe don't.read copy and paste. Summarizes you're comments. We like most pictures and few understandable descriptions.
Mbona sisi tuliwapa msaada wa chakula na hatuongei?Huwa mnatuomba kununua bidhaa zenu? Pesa zetu tunaweza peleka kwingine pia. In that same vain that it's out of it's own accord that Kenya donated is the same will when coming to free trade
East Africa: Kenya Donates to Tanzania's Earthquake VictimsWhat donate are you talking about? Are you crazy or something?
Do you remember during Kikwete era we helped?
I can admit that you lost your mind.
Msaada lini....we buy ...hakuna siku mtawai tupea msaadaMbona sisi tuliwapa msaada wa chakula na hatuongei?
Are you joking me? The most trumpets people in Africa are Kenyans. They do talk much but Hunger killing them daily.Not charity my friend! Those Kenyans are paying for it. Hata kulipwa hamtaki? 😵
You see how stupid you're!!! Your government like to make headlines in newspapers and social media. Did we asked you a help? Or you just brought your hungry stomach to ask a friendship. Do you know what!? We don't give a shit with such issues. As we Tanzania we consider Kenyans as crying kids. Thus we are able to burn vifaranga and do whatever we want for the benefits of people of United Republic of TanzaniaEast Africa: Kenya Donates to Tanzania's Earthquake Victims
4000 iron sheets 4000 blankets...TUNASAIDIA MASKINI
Fact we donated ...The rest is your storiesYou see how stupid you're!!! Your government like to make headlines in newspapers and social media. Did we asked you a help? Or you just brought your hungry stomach to ask a friendship. Do you know what!? We don't give a shit with such issues. As we Tanzania we consider Kenyans as crying kids. Thus we are able to burn vifaranga and do whatever we want for the benefits of people of United Republic of Tanzania
What's "razy" kaka blaza tumia kiswahiliAre you joking me? The most trumpets people in Africa are Kenyans. They do talk much but Hunger killing them daily.
If you are not able to feed yourselves waiting msaada from Israel why don't I call you razy and most stupid people in this planet?