Tivwane Money Solution

Problem:

Lack of digitization and mobile banking limits reach to the most disadvantaged customers
 Underbanked populations are less likely to generate capital growth over time.

Solution:  

•Tivwane Money Solution is a registered company in Zambia that supplies financing and training to help small farmers grow their way out of hunger.

•TIVWANE has collaborated with GTiPay Inc USA.to deliver digital business transformation, digital payment solutions, and Virtual Banking Services change over from analogue to Mobile Digital Registration and GTiPay Mobile Payment Solution,Funds Transfer, Agency Banking Service to all our customers. this enable us supply micro financial services, sales and distribution of agricultural products and services.

Tivwane money using  GTiPay platform contains functionality specifically engineered for microloan financing, distribution, and tracking via web browser or mobile application – connecting investment to need without intermediaries. 

Postive change: Digital offering increases the efficiency of the lending process and enables more transparent lender-borrower relationships

In Zambia, Farming is critical to health, wealth, and the economy: 53.4% of adults live in rural areas, dependent on the agriculture industry for economic well-being. Although agriculture’s share of GDP has declined since 2004, recent studies have  asserted it has a “significant” impact on short/long term economic growth and recommended direct investment in food-processing zones. 58% of Zambia's 16.6 million people earn less than the international poverty line of $1.90 per day (compared to 41% across SubSaharan Africa) (2015) and 75%+ of the poor live in rural areas (2015)

specific problemes: 

•Malnutrition - 1 in 5 people in Africa (approximately 260 Million) suffer from some form of malnutrition.

•Lack of Access to Reliable/Affordable Finance for agriculture and other.

•Farms operate at only 40% of capacity contributing to insufficient supply.

•Limited access to finance and innovative solutions. 

•Lack of digitization and mobile banking limits reach to the most disadvantaged customers
• Underbanked populations are less likely to generate capital growth over time

•Financial institutions target cities, leaving rural communities largely unaddressed

• Nearly 3 billion people in developing countries have little or no access to formal financial services that can help them increase their incomes and improve their lives. 

TMS ( Tivwane Money solution) using Gtipay digital mobile  banking wallate provides  financial services to underserved low-income people and communities  through key partnerships and collaborations With MTN and Airtel Zambia.The system enable  customers to access mobile banking using a cell phones.

•Agriculture Loans (Asset-Based Loans ) - Farmers receive high-quality seeds and fertilizer and chemicals on credit.

•Business Loans - Promote adequate, secure and equal access for women and men to land and other natural resources.

•Crop Storage Solutions and market facilitation.

•Financial Inclusion to small farmers and rural populations through sustainable access to diversified financial services (savings, credit, remittances and insurance).

•Entrepreneurship skills training.

•TIVWANE has collaborated with GTiPay Inc USA.to deliver digital business transformation, digital payment solutions, and Virtual Banking Services change over from analogue to Mobile Digital Registration and GTiPay Mobile Payment Solution,Funds Transfer, Agency Banking Service to all our customers. this enable us supply micro financial services, sales and distribution of agricultural products and services.

Tivwane money using  GTiPay platform contains functionality specifically engineered for microloan financing, distribution, and tracking via web browser or mobile application – connecting investment to need without intermediaries. 

Targeting small scale farmers in rural areas of the province by giving out small loans for irrigation equipment such as treadle pumps, water solar pumps, and agriculture inputs such as fertilizer, seeds and chemicals to those doing horticulture farming. 
This project focuses on the poor, especially women and youths. Why women? Women and children are the most vulnerable. Furthermore, they often run the risk of attack and abuse, a second audience category of beneficiary is active poor (especially farmers and small scale Entrepreneurs) who cannot receive loans from other financial institutions or grantors - such as an employee.
 main target group comprises women of childbearing age, small scale farmers, Vulnerable households near or below poverty line: Wage laborers, tenants, smallholders, retail first-level buyers and small entrepreneurs and agricultural produce, Most in this group belong to the absolute poor who have no access to finance due to lack of collateral and mostly affected by malnutrition. These People live on less $2 PPP to $3 PPP a day, these are small scale farmers and entrepreneurs who buy seeds and other farming inputs from Agro-dealers.

The services we provides promotes on and off-farm economic and employment opportunities though technical advice, increased market access, more inclusive financial services (including risk management), provision of infrastructure that links rural and urban regions, and human resource development. Such improvements, along with coherent employment policies, can facilitate the transition from the informal economy to the formal economy, particularly for women farmers, and allow workers in food production systems to access services and earn a decent income.

In oder to promote Scale safe and private digital identity and financial tools to allow people and small businesses to thrive in the digital economy in a africa particularly in zambia:   

Tivwane Money Solution provide Digital offering which  increases the efficiency of the lending process and enables more transparent lender-borrower relationships, Loan officers can review details on loan data, applications, and borrower information and track and report on the loan portfolio.Users can open a digital wallet,view balances on accounts, get notifications on upcoming payments, and connect digitally with their loan officers. we promote digtal payment solutions and Virtual banking services.  

TIVWANE has collaborated with GTiPay Zambia Ltd. to deliver digital business transformation, digital payment solutions, and Virtual Banking Services change over from analogue to Mobile Digital Registration and GTiPay Mobile Payment Solution, Funds Transfer, Agency Banking Service to all our customers. GTiPay partnership will enable us supply micro financial services, sales and distribution of agricultural products and services, provision of P2P or Cash-in & Cash-out transaction service.

We have alredy developed the Tivwane Gtipay banking wallet  system we alredy signed MOU with GTipay Inc USA and we are working together to implement this project in zambia, we have a Prototype in place we have started the process of  educating and registering the customers and we just need funding to pilot the project with alredy trained  number of customers  in that community of Eastern Province of Zambia particularly in Katete District.

Asset-Based Loans. Farmers receive high-quality seeds and fertilizer on credit, and we offer a flexible repayment system that allows them to pay back their loans on agreed amount throughout the loan term.  Delivery. We deliver inputs to locations within walking distance of every farmer we serve and access agriculture loans. Training. Farmers receive training throughout the season on modern agricultural techniques. Market Facilitation.  
We offer crop storage solutions and teach farmers about market fluctuations, so that they can time crop sales to maximize profits.

 Every link in this chain is important—if one is missing, then the others won’t have as much impact.  
All these services provided to them  enable farmers to significantly increase their incomes and build paths to prosperity. We Support financial inclusion of smallholders and rural people through increased and sustainable access to a variety of financial services – savings, credit, remittances and insurance, etc. – to enable them to invest in productive activities, both agricultural and non agricultural, and protect themselves against risk. 

TIVWANE has  collaborated with GTiPay Zambia , to  deliver digital business transformation, meaning digital network, products and services including:- Virtual Banking Services change over from analogue to Mobile Digital Registration and GTiPay Mobile Payment Solution, Funds Transfer, Agency Banking Service,  Merchant Payment Network services who in part can supply, sales and distribution of agricultural products,  and services, provision of P2P or Cash-in & Cash-out services mobile money, mobile - micro financial services electronic media products and services.

Currently we serving 1600  customers. in Five years 5600 customers. 

Provision of proven Agricultural Inputs to small scale farmers will enable: I) increased smallholders’ productivity; (2) increased smallholders’ incomes; (3) diversified rural livelihoods. (4) Increased decent work opportunities in rural areas (5) Improvements in agricultural productivity and livelihood among small scale farmers. (6) Increase in the access to reliable and affordable finance for agriculture among smallholders. (7) Reduction in poverty and improve of livelihood of people in the district. (8) Increase in food security; contribute to the economic growth, reducing unemployment.

Year

Number of Beneficiaries

Number of Female

Number of male

Direct jobs Created

Indirect job

Indirect beneficiaries

Year 1

20,000.

17,000

3,000

50

150

100,000

Year 2

40,000

34,000

6,000

100

300

200,000

Year 3

60,000

51,000

9,000

200

600

300,000

Year 4

80,000

68,000

12,000

300

900

400,00

Year 5

100,000

85,000

15,000

400

1,200

500,00

Name

Position 

Qualification

Experience

Location 

Mr. Agripa Maposa

Project Manager

BA. Business Administration

12 Experience in Microfiche

Katete Eastern province of Zambia

Inonge Mutonga

COO

BA. In Admin

8yrs Agribusiness & Microfinance

Lusaka Zambia

Memory Banda

Loan officer

Studying BA in public Admin

3 Years Microfinance

Same location

The Right Team - successful of business requires that you assemble the right talent to build the brand of team as for us we have assembled well matched talent team which is the backbone of our company. We have matched the right talent with business vision.

Mr Agripa Maposa Project.
Born and raised in Zambia, he has 11 years of work experience of which 8 years in microfinance, he has worked with Madison Insurance Company as Team Leader. Barclays bank Zambia as Sales Marketing officer, Vision fund Zambia in various positions including managerial position where he was actively in creating PPA with other Organizations in project implementation with world Vision Zambia International.

Mr Chrispin Banda, Human Resource and Administration Manager
Born and raised in Zambia, he has 12 years of work experience of which he has 7 years vast experience in Administration with Government of republican of Zambia in Education Department as the Administration Manager. Mr. Banda is a teacher by profession with a bachelor degree in secondary education he also   Holds Advance Diploma in primary Education. Mr Banda is hard working.

Inonge Mutonga Chief Operation Officer   Born and raised in Zambia, with 10 years of work experience of which 8 years in microfinance, she has worked with Agola Microfinance Zambia as loan officer and Branch Manager. Worked with Vision fund Zambia for 7 years in various positions including managerial position where she was actively in creating PPA with other Organizations in project implementation with world Vision Zambia International. .   

 

As the company will develop our own set of rules which will have a zero tolerance policy when it comes to any of the workers harassing one another on the basis of gender issues in the workplace. Leadership roles given to both genders: Previously it was often thought that only men would be able to manage leadership roles in a successful manner, in our project will provide Leadership role to more women, it has proved that women are more than equipped to take up any leadership role that is granted to them and they are able to do anything that a man can do

 Supporting women in leadership positions: Women Engaged in the production horticulture farming they will benefit from accessing solar water pumps become empowered as they are brought into the business world. Empowerment of women, who are often, preferred as our target customers, this will lead to a higher social status, better education and more independence of women, the financial services we provide to our clients have positive impact in Better education and further development of clients, Regional level.

Equal pay irrespective of the sex of the employee: It is now new information that in many places across the world women at work are paid much less as opposed to men, for doing the exact same amount of work. As for will promote Equal Pay irrespective of sex.

 grant will enable us as the  company to reduce High upfront processing fee which is at 10% to 5% to enable more small scale farmers have access to high quality farming inputs, the award will enable us also to reduce monthly interest rate from 6.5% monthly to 3% monthly interest which is affordable for small scale farmers, this will increase the number of customers to access loan since it will cheaper for them.
Access to capital by our  company will enable us have the capacity to provides our services to more customers this will help smallholders and rural populations in general purchase stock, equipment, and agricultural inputs; maintain infrastructure; contract labor for planting and
harvesting; transport goods to markets; make and receive payments; manage peak season incomes to cover expenses in the low season; invest in education, shelter and health; and, deal with emergencies

we need  assistant to help us develop Financial structure  (e.g. improving accounting practices, pitching to investors) for us attract more investors.

we need  assistant to help us develop Public Relations (e.g. branding/marketing strategy, social and global media) to improve market opportunity.

would like to partner with NGOs, private Bank, Microfinance institution.

TIVWANE and GTIPAY has collaborate, develop and deliver digital business transformation, meaning digital network, products and services including:- Virtual Banking Services change over from analogue to Mobile Digital Registration and GTiPay Mobile Payment Solution, Funds Transfer, Agency Banking Service,  Merchant Payment Network services who in part can supply, sales and distribution of agricultural products,  and services, provision of P2P or Cash-in & Cash-out services mobile money, mobile - micro financial services, electronic media products and services incidental thereto (hereafter collectively referred to as “Digital business transformation of TIVWANE MONEY”). this will enable out team  to focus  on advancing digital equity.