Digital LEADS Zambia

14/04/2024

Limited tickets available.

"Your Network Is Your Net Worth"

Get in touch.

03/03/2024

If you are in my network, you will buy a ticket.

31/12/2023

I am grateful for 2023. Very good year!!! Thank you God. Loading......2024

06/12/2021

Zambia, Look out for this service in 2022

29/12/2020

12/05/2020

SAVINGS PLUS BENEFITS
BENEFITS TO MEMBERS
 Each member has an account (More like a bank account)
 Each member will have log in credentials (They can change passwords anytime)
 Each member will log in and view their loan, Savings and Share (where applicable) balances.
 A member can run a statement of their account for whatever period they want.
 A member can view their interest earner per month (added to their savings monthly automatically)
 A member can use a loan calculator that shows how they will be paying before getting a loan. (No need to call treasurer to check eligibility)
 Each member can apply for a loan from their account.
 Members can make inquiry from their account.
 Members will view real time data as transactions happen (No need to wait for longer period to get information)
 Automatic interest calculation meaning the member’s interest is correctly calculated
 Members can save and repay anytime of the month. No need to wait for month end.

BENEFITS TO COMMITTEE MEMBERS/LEADERSHIP
 Everything is automated (Interest calculation, penalty change, schedules, loan calculator)
 Can view different report
o Arrears report
o Portfolio report
o Disbursement loan report
o Repayments report
o And many more (depending on request)
 Possibility to create different loan and savings products. E,g. Fixed savings deposit account.
 More than two committee members can approve loans without being in one physical location. (Internet banking)
 Members can save and repay anytime of the month.
 Committee members can view, at the click of the button, the profit and loss statement and bank/Mobile Money balance reports.
 No spending sleepless nights updating excel sheets as a dedicated team is available to update all your data in real time.
 Can help raise revenue for the group by adding penalties charges and disbursement fees. (This can be shared by the members)
 Can handle thousands of transactions and membership.
 It is affordable.

02/05/2020

Do you have a savings group and are unable to meet for one reason or the other? Or are you using outdated excel sheets to manage your savings group activities? SavingsPlus is the ultimate solution.
Its designed to manage the following:
• Savings
• Loans
• Shares.
 Interest calculations on Loans and Savings are automated and financial reports are viewed at the click of a button.

 Members can view their loan balances, savings as well as make loan applications by simply logging into their SavingsPlus account from wherever they are.

 SavingsPlus is designed to manage savings groups of different sizes.
For more details, get in touch with us on 0976 648 548 or 0971 679 960

05/07/2019

RFP TO DEVELOP VALUE PROPOSITION FOR TEA AND DIARY AGRICULTURAL VALUE CHAINS IN WESTERN UGANDA

BACKGROUND
FutureLink Technologies (FLT) is a Financial Technologies and ICT Solutions company that leverages on the relevance of SACCOs to minimise cost, promote the adoption and usage of digital financial services in both rural and urban communities. FLT provides core banking system services to Savings & Credit Cooperative Societies (SACCOS) and Microfinance Institutions. Through its MSACCO Mobile Banking switch, FLT father enables the customers of the SACCOs and MFIs to transact conveniently and cheaply through the phone. Currently, the company has a network of 230 SACCO branches with total membership of 450,000

With support from Mastercard Foundation Fund for Rural Prosperity (FRP), FLT would like to automate two Agricultural Value Chains in Uganda. The Tea and Diary Agricultural Value chains have been selected for this purpose. FLT is seeking the services of an experienced Agricultural Value Chain consultant, to carry out a research in Western Uganda, and provide a report detailing what user requirements and benefits must be met for each stakeholder involved in the Value Chains.

DURATION AND LOCATION OF ASSIGNMENT
Duration: July 2019
LOE: 30 days
Location: Western Uganda

EXPECTED DELIVERABLES

a) Conduct a research in Western Uganda and profile all Agro Inputs and supplements Providers of Tea and Diary Farming, with specific emphasis in Kijura, Buhweju, Sheema and neighboring districts.
b) Compile the User requirements and benefits of an automated system to the Agro inputs and supplements providers above.
c) Conduct a research in Western Uganda and profile all aggregate buyers of Tea leaves and milk, with specific emphasis on Kijura, Buhweju, Sheema and neighboring districts.
d) Compile the User requirements and benefits of an automated system to the aggregate buyers of tea leaves and milk above.
e) Conduct a research in Western Uganda and profile all Savings & Credit Cooperative Societies (SACCOs) serving whose members are Tea or Diary farmers, with specific emphasis in Kijura, Buhweju, Sheema and neighboring districts.
f) Compile the User requirements and benefits of an automated system to the SACCOs serving Tea and Diary farmers in Western Uganda with special emphasis in Kijura, Buhweju, Sheema and neighboring districts.
g) Document process flows of the Diary and Tea Agricultural Value Chains
h) In collaboration with the SACCOs above, Compile and profile all the existing Tea and Diary farmers, with production estimates of each farmer.

REQUIRED QUALIFICATION AND EXPERIENCE
FLT seeks proposals from interested organisations with the following qualifications and experience;
- Masters degree or its equivalent in Financial services, Information systems, marketing and sales, Social Work and Community Development, Artificial Intelligence or Community Psychology
- Experience in Agricultural Value Chain and related assignments, Marketing and sales

REQUIRED DOCUMENTS
1. CVs of consultants and Company Profile
2. VAT Registration
3. Trading License

All interested consultants should submit their respective Technical and Financial Proposals to [email protected] by 12th July 2019 before 5:00pm

05/07/2019

HOW A SACCO CAN LEND LOANS AT 13.5% AND PAY 18% INTEREST ON SAVINGS:
On 15th February 2019, 212 SACCO, one of the fastest
growing and most profitable SACCO in Uganda, announced that it would pay 18% on savings. The SACCO comprises of staff members of MTN Uganda, MUBS, FutureLink Technologies, Exquisite and ZTE. This is a SACCO under the administration of Future LINK Technologies LTD. We have had the privilage to be the engine behind this exceptional performance, through our very efficient 3rd PARTY ADMINISTRATION.

Well as it paid out 18% on savings, it lent out loans at an interest rate of 13.5%. So how does the SACCO manage to lend out loans at an interest rate lower than the rate it pays out to its members on savings. Below are some interesting lessons learnt.

1.ELECT A COMPETENT DEDICATED BOARD.
Have a dedicated and competent Board to direct the SACCO right from the start. Reverting to Corporate Governance later is more costly, and many instituions usually do not survive that process. This is because many people in positions usually loose objectivity as they defend they personnal ambitions. SO START WELL.

2. AUTOMATE FOR EFFICIENCY
We have automated most of the processes, including loan applications. For example, the SACCO is purely CASHLESS. This ensures efficiency and Trasparency which in turn leads to minimal administration costs and quick turn around of client requests, Member improved investment confidence in the SACCO

3. ACCUMULATE SAVINGS
There are no withdrawals of savings at this SACCO. This means that the SACCO is able to invest in fairly long term ideas, without fearing liquidity challenges. It gives the SACCO access to cheap financing.

4. INTEGRATE REAL ESTATE DEVELOPMENT AND TRADE
By developing real estate for its interested members, and giving out loans to facilitate aquisition, the SACCO earns both Profit margin and Interest income.

5. OUTSOURCE ADMINISTRATION TO COMPETENT TEAM.
By the SACCO outsourcing Administration, it has managed to keep the cost very minimal. Our 13 years experience working with SACCOS and Microfinance Instituions, enables us to fast track your institution to the leading position of your industry.

Our 3rd PARTY ADMINISTRATION will enable you spend only and only if you are making money. At this rate, it is more profitable to save your money with such a SACCO than fix the same amount in a commercial bank. Isn't this PHENOMENAL?

Please congratulate the BOARD members led by the Chairman Joachim Masagazi. Thanks to the Treasurer Peter Ochen and the Investment Team for all the sober Investment decisions.

FUTURELINK TECHNOLOGIES