PCES Showcases AKIBA at Africa’s Largest Financial Cooperative Event

PCES proudly participated at the 24th SACCA Congress, Africa’s premier annual financial cooperative event, organized by ACCOSCA. The congress, held from October 6-11, 2024, on Lake Naivasha, Kenya, brought together SACCOs, Credit Unions and Industry leaders from across the Continent and beyond.

Promoting Sustainable Socio-economic Transformation

Under the theme “Promoting Sustainable Socio-economic Transformation through Cooperatives,” the 2024 SACCA Congress continued it’s tradition of fostering collaboration and knowledge sharing within the cooperative sector.

A Platform for Collaboration and Innovation

The 24th SACCA Congress provided an invaluable platform for experts and industry leaders to share knowledge, experiences, and best practices. Attendees had the opportunity to explore new opportunities, address emerging challenges, and create a united front to drive the sector forward.

As the cooperative movement continues to play a crucial role in Africa’s economic development, events like the SACCA Congress and tailored software solutions for small MFIs, SACCOs and Credit Unions are instrumental in shaping a more inclusive and sustainable financial future for the continent.

PCES Presents AKIBA: Microfinance Simplified

During SACCA, as one of the sponsors at the event’s exhibition area, PCES’s Team showcased AKIBA – banking solution. This is a multi-tenant cloud-based core banking solution, specifically designed to empower Microfinance Institutions (MFIs) and SACCOs with cutting-edge technology that is both affordable and tailored to their unique needs.

Microfinance Institutions can greatly benefit from adopting cloud-based solutions that offer lower initial costs, while providing scalable and flexible services. This approach eliminates the need for heavy upfront investments in hardware and software customization, making it a cost-effective option for institutions with limited budgets. Furthermore, these solutions are specifically tailored to address the unique needs of MFIs, ensuring that they receive microfinance-specific features at prices aligned with their financial capabilities. In addition, cloud-based systems allow MFIs and associations to share resources, enabling them to collaborate on managing core banking systems more efficiently and reducing individual expenses. This collective approach not only enhances operational efficiency but also fosters collaboration across the microfinance sector.

The software’s innovative features align perfectly with the congress’s goal of promoting sustainable socio-economic transformation through cooperatives. For more detailed information about PCES AKIBA and how it can benefit your microfinance institution, please visit the following link or contact our sales team.