Posted on February 25th, 2010 by Cobus
Bayport Financial Services Zambia was established in 2002, making it the oldest of all the Bayport operations in Africa. We have brought affordable, responsible, unsecured credit to Zambians, especially the mineworkers in the Copper Belt.
As such, Bayport Financial Services Zambia’s most important strategic local partner was the Mineworkers’ Union of Zambia. In the meantime, Bayport has expanded into the civil service, as well as the private and public sectors, while also serving many Government employees. Bayport Zambia today has one of the largest financial services infrastructures in the country and we are serving a multitude of Zambians with affordable credit.
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Posted on February 24th, 2010 by Cobus
A Bayport partner is more than a partner – it is the core strength of our brand. Bayport Financial Services is dependent on the valuable local partnerships that we forge in every country where we conduct business; partnerships with local employers, trade unions and stakeholders.
Every Bayport partner plays their role in the Bayport Financial Services puzzle. They bring us closer to the people and to understanding their needs. They also act as our collecting arm, deducting due debts from employees’ wages and forwarding them to Bayport. This has ensured that we have a very low bad debt percentage and excellent credit quality.
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Posted on February 23rd, 2010 by Cobus
Every Bayport partnership is crucial to our continued success. Bayport Financial Services forges strategic partnerships with local stakeholders, employers, government institutions and trade unions in every country where we are active. These partnerships connect us with the people and enable us to understand their needs.
A Bayport partnership is also part of our collecting arm, each of them forwarding outstanding debts to us, deducting it from employees’ wages. This is partly why our bad debts are so low and our credit quality so good. It also means that Bayport Financial Services can survive and prosper, continuing to bring our financial services to the African people.
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Posted on February 22nd, 2010 by Cobus
Bayport sponsorship initiatives have help African communities improve their standards of living and have been a key demonstrator of Bayport Financial Services’ belief that we should invest in the communities that our clients come from. We see it as an investment in Africa’s future.
The Bayport sponsorship initiatives that we have launched in Zambia have focused on capacity building and support programmes. Zambian efforts have included sponsorships to promising learners who excel academically but cannot afford to further their studies and assistance programmes to help make sporting days happen. This ties in with Bayport Financial Services’ firm belief that a society should be both healthy and educated in order to prosper.
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Posted on February 21st, 2010 by Cobus
Bayport sponsorship initiatives seek to give assistance where assistance is due, improving the lives of communities and giving back to the communities form whence Bayport Financial Services’ clients come. We believe in investing in Africa and its people.
The Bayport sponsorship programmes that we run are mostly in the domains of healthcare, education and sports. Bayport Financial Services have assisted sports teams with making sporting days happen and assisted with the provision of sports uniforms for needy teams. Our involvement in education has brought about school building upgrades and we have invested extensively in healthcare through renovating and extending hospital facilities.
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