Mama Bank has achieved more than 1,100 customer base this year and plans to reach out to more districts and provinces in 2023.
Mama Bank Chief Executive Officer, Gunanidhi Das, stated this during the signing of the memorandum of agreement between Women’s Micro Bank and Good Return, an Australian Education firm.
He stated that their aim is always to reach out to the on-bank population, “And that’s where we always find out the way cooperation and collaboration can be the way for our partnerships example with Good Return.”
“That’s a big milestone we achieved in 2022, we are in 18 locations in nine provinces and those are our Mama Bank access points and branches. We would like to see how models are going to work in other provinces,” Das said.
Adding that this is the way forward and are looking at the 96 districts and 22 provinces to have access to the banking population, instead of going as branch banking,” he stated.