Mwananchi Credit wins at the Automotive Industry Excellence Awards
By Standard Reporter | June 25th 2019
The inaugural Automotive Sector Excellence Awards that was held last night saw Mwananchi Credit emerge winners in the most preferred credit microfinance in logbook loans category that they had been nominated for.
The event which was held at Movenpick Hotel in Westlands was attended by automotive industry players including Insurance, transport sector players and manufacturers.
The Automotive Sector Excellence Awards are meant to recognize and celebrate the key players in various realms of the automotive sector who have over the years achieved outstanding results in their niche and have positively impacted the lives of their clients.
Mwananchi had been nominated in four categories, credit only microfinance, most promising credit institution in logbook loans, most promising credit only microfinance in automotive finance and Most preferred credit microfinance in logbook loans where they emerged winners.
Speaking after the event, Mwaanchi Credit Chief Executive officer Denis Mombo lauded the organisers saying, “This is a first for this industry. It’s a noble gesture by the organizers and its time different segment in the automotive industry were recognized. It also shows confidence in which the Kenyan public has on Mwananchi Credit. This is another mile stone in our ten-year history and we will strive to keep serving our customers better.
Owning a car come with class and convenience, it is the desire of everyone in a growing economy like ours to own one someday. The same is on the priority list in most of the middle class families in Kenya. According the Kenya National Bureau of Statistics (KNBS) and the National Transport and Safety Authority (NTSA) in the last 5 year, there has been an exponential growth in the number of car on Kenyan road.
This increase leads to an exponential growth for the sectors that are directly related and provider services to car owners.”
The Automotive Sector Excellence Awards are meant to recognize and celebrate the key players in various realms of the automotive sector who have over the years achieved outstanding results in their nice and have positively impacted the lives of their clients.
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