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Looking for financing? Talk to Blue Financial Services
Mon, 12 Oct 2009 09:08
By TradeInvestSA Staff

Region
South Africa

Sector
Banking
Financial Services

Summary:
Blue Financial Services, the South African micro-finance institution (MFI), has rapidly gained market share in Africa, serving the needs of millions of small and medium businesses in the continent.
Contact
Morné Reinders

Email
morner@blue.co.za

Tel
27 12 990 8400


Blue Financial Services Limited (Blue), the South African micro-finance institution (MFI), has been rapidly gaining market share in South Africa, serving the needs of millions of South Africans.
Following its rapid growth, the group now offers innovative and ethical credit solutions to customers in 13 African countries (listed below) that are formally employed but remain unbanked. The group operates through 300 branches, staffed by over 3 000 employees.

Geographical footprint:

        • South Africa
        • Lesotho
        • Swaziland
        • Botswana
        • Namibia
        • Zambia
        • Malawi
        • Tanzania
        • Rwanda
        • Uganda
        • Kenya
        • Nigeria
        • Mauritius

As a leading African micro-finance institution, Blue is constantly seeking innovative ways to expand its business interests, to enhance its defined social mission of uplifting and empowering African communities, and to increase the participation of ordinary African citizens in the ownership and success of the company.

Blue is currently dual-listed on the JSE AltX and the Botswana Stock Exchange, and is in the advanced stages of seeking a listing on the Namibia Stock Exchange (NSE) and on the JSE Main Board.

What is an MFI?

Standard and Poors identified the following two primary characteristics unique to a micro-finance institution (MFI):

     • A financial organisation whose primary business is providing loans and financial services to   low-income and financially underserved clients.
      • A financial organisation with a double bottom-line goal of achieving a defined social mission  and financial viability.

Blue’s vision

Blue aims to add value by addressing the needs of our stakeholders, employees and the broader society at large, while growing and ensuring the profitability of our business.

Blue's vision is to leverage our entrepreneurial drive and company brand to grow into a diversified group by pursuing value-adding opportunities and acquisitions throughout Africa.

For more information about how Blue Financial Services can either assist you, or how you can take advantage of the company's rapid growth, please contact:
Name: Morné Reinders
Email: morner@blue.co.za
Tel: +27 12 990 8400

 

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