adminMorris Mpala, MoB Capital Ltd
*Continued from last week
The Name
MoB: The name derived from an old Nambya folklore in which two folk heroes MoBe(Dinde ) and BoBo (KaDobe, Jambezi) were idolised for their business approach to cattle and small livestock ranching skills in a very dry region of Hwange. To the community they became the icons of rising above challenges and making the best out of a seemingly hopeless situation. In this small village west of Zimbabwe how rich you were was measured by the number of mango trees in your yard so the MoBe/BoBo (MoB) phenomena was total financial emancipation to be copied and replicated in the entire region. This became a symbol of financial freedom. A poverty resistance movement was established .
The Corporate Colours
Black: symbolises the Afrocentric ownership structure of the corporation. It is an all African owned business with an African approach to solving community challenges.
Canary Gold: The canary gold symbolises all that glitters is gold. Igolide liligugu gold is precious. Golden solutions for specific challenges for the community is what MoB capital provides to those seeking financial solutions with the organisation
Yellow: Associated with the honey. Extracting honey could be dangerous but sweet is the honey when one is successful so are community challenges which are painful but solutions usher in a sense of belonging and purpose to the betterment of the respective society.
Red: Like a scout’s motto to be prepared for all sorts of challenges that the community has. It’s a warning of the uniqueness of challenges that communities experience and there is no one size fits all solution.
White: It’s an image of starting anew. Once a business solution is derived we believe the community starts afresh on a clean slate and strive for a community of milk and honey which is symbolised by gold and white in a predominantly Afrocentric society.
The Logo and symbols
The Black Diamond which is rare and the diamond shape at all angles is the strength of MoB Capital’s financial solutions to the communities. Black Diamonds are rare so is the uniqueness of MoB Capital financial diagnosis and prescriptions. We pride ourselves in robust and smart solutions tailor made for a respective challenge in the community.
The angle that the diamond is cut at is the acuteness of precision and in depth understanding of clients’ financial challenges as accorded by MoB Capital.
The building blocks are the solid foundation that MoB Capital impresses on any business/individual that will be touched by its tentacles of unique provision of financial solutions.
Somi serem Spanish for we are and we will be. This is MoB Capital’s total confirmation of our commitment to providing relevant financial solutions first time, all the times, now and in the future for the communities.
The middle white orifice in the earthly perceived stronger rare black diamond is a little prayer that puts the Almighty God above everything else including MoB Capital’s optimum financial solutions. It is the humbling fact that we are mortal human beings hence the faith in the Almighty.
Team Money
Is the term used for all MoB Capital employees
MoB Capital Care (Foundation)
Is the vehicle by which MoB Capital channels its philanthropy. It is the little charity contribution to the community with the help of MoB Capital, employees and its associates.
It is the social responsibility programme to various communities that we operate in as a way of giving back to society. Beneficiaries will be chosen by MoB Capital Board.
Services
For smart, fresh and innovated financial solutions MoB Capital offers the following services based on a one shop philosophy guided by a process of research and development.
Personal Loans
School Fee, Funeral Expenses, Home Improve, Cross border Trade/Flea Markets Hospital Fees, Vehicle purchases, Agricultural needs, Tourism/Holiday.
Business Loans
Working Capital and Capital Expenditure Agro Dealerships.
Pay Day Loans
Emergency cash till pay day (7 days or less) micro loans to salaried clients
Venture Capital
Greenfield Loans, Debt Finance, Order Finance, Debt Factoring.
Trade Finance
Bills Discounting, Structured Finance, Debt Engineering /Management
Advisory Services
Financial Advisory, Investment Appraisal/Advisory
Accounting Services
Accounting/Bookkeeping, Tax consultancy, QPD’s, Business proposals, Annual Returns, Cash flow projects Insurance (underwritten by Old mutual Pvt Limited) Motor policy, Agriculture, Personal Protection, Engineering Accidents, Public liability policy, Assets/business plan policy, Life policies
Motivation and debt counselling
SME’s Transformation and Training, Monitoring and Evaluation, SME’s linkages Zesa Prepaid electricity (Cash Power)
Luxury Coach Bookings: Intercape/Pathfinder Grocery credit facility available facility available at selected CHOPPIES STORES in Zimbabwe
MNOs services Netcash, Econet, Telecash, One Wallet, Now Now and Bulk airtime for Bulawayo CBD vendors
Money Transfer with Express Financial Services
United Kingdom (UK), Botswana, Gambia, Ghana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Nigeria, South Africa, Swaziland , Tanzania and Zimbabwe
Corporate governance
MoB Capital upholds the highest standards and practices of internal good corporate governance, transcending throughout its structures and operational policies. It has the following four committees: Credit and Risk Committees, Complaints/Corporate Governance Committees, Audit Committees and Human Resources Committees.
Environmental and Social Responsibility
In the quest for responsible investment as in long term value creation in terms of economic value, broader values of fairness ,justice and environmental sustainability MoB Capital has the following initiatives in place:
Energy Efficiency Green House gas emission Staff Turnover Training and Qualification Maturity of Workforce Absenteeism rate Corruption Litigation Risks Revenues from new products Culture.
That is MoB Capital’s One Stop Shop for Financial solutions.
IF YOU LIVE IN BYO PLEASE CONSERVE WATER IF YOU LIVE IN ZIMBABWE PLEASE USE ELECTRICITY SPARINGLY: SOS (SWITCH OFF SWITCHES) IF YOU LIVE ON PLANET EARTH PLEASE PRESERVE THE ENVIRONMENT
Morris Mpala is managing director MoB Capital (Pvt) Limited, a microfinance institution offering loans, micro-insurance and advisory services to small to medium enterprises as well as individuals.
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