Wednesday, August 12, 2015
UTT AMIS advices community members to join with national security funds
GROUP
community members such as farmers, livestock keepers and Bodaboda drivers in
the country have been advised to invest their money in national security funds
with a view to earn interests which would enable increase their business
capital. The concern was issued early this week by Public Relations and
Marketing officer of the UTT AMIS Fund Rahimu Mwanga when speaking with journalists at a weeklong
farmers’ exhibition whose celebrations
ends today. Speaking at
Ngongo show ground which is located at Lindi Municipal Council, Mwanga said
that, a joint investment security funds have an opportunity to enable most
business groups that includes , institutions, companies and individuals to
invest their resources. Speaking
about his company UTT AMIS, Mwanga noted that his firm has a greater role to
play in the Tanzanian community so as to alleviate them from abject poverty
facing most Tanzanians. He
mentioned small funds that operate under the umbrella of the UTT AMIS which includes
unity fund, life investments, children fund, and the fund that enables people
to conduct their life. He also
mentioned various reasons that made such funds to increase their capacity
building into curbing various problems facing their customers that includes
sensitisation and education which they provide tin order to make them join them
a result of which most customers benefit. He also noted that such funds to not have limitations for
investments as prospective investors might decide to invest in any of their small
funds and the b3enefits attained out of their investment potentials. “The aim is to enable farmers and
livestock and other individuals financially so that they might increase their
capital as an inducement to make them invest more”, he said. On
the side for their members, Mwanga noted that already their small funding
groups have about 120,000 members who have a total of the working capital which
is worth about Sh. 23.8 billion.
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