By Innocent Chamtulo

Mulanje, December 17, Mana: Team Leader for Digital Financial Services awareness raising campaign for Mulanje District, Rita Phiri has expressed satisfaction with the overwhelming response they are receiving from the areas they have reached out to so far, saying people are eager to know more about the use of digital financing and platforms.

In an interview with Malawi News Agency (Mana) on Monday, Phiri said since the beginning of the awareness campaign, they have reached out to almost all market centres in Mulanje including hard-to-reach areas.

Phiri added that people are appreciating the initiative by the government, noting that this will enhance their businesses.

“We are certain that we have reached the objectives and project goals because we have reached to the targeted population which the project designed. For example, we have interacted with the elderly, business persons, the youth, women and village group savings and loan groups.

“Therefore, from all the mentioned categories the response and interaction was so good to us which is a success,” she said.

On the other hand. Community Development Assistant for Traditional Authority Chikumbu, Chancy Masubi, commended the initiative, as it will promote accountability and transparency to people who are involved in village bank groups, as they will be keeping their money in mobile phones or banks.

“With what we have learned through digital finance awareness campaign, it will add more advantages to those people who are involved in village savings and loan groups because there will be transparency and accountability on how the money is being managed since all members will be connected to that account.

“Any transactions made will be known to the members than the old system,” he added.

The campaign is being championed by the Ministry of Finance and the Reserve Bank of Malawi to promote digital finance platforms to reduce the cost of replacing damaged bank notes.