CRDB seeks to boost online entrepreneurs’ operations

Acting director of Small and Medium Enterprises (SMEs) at CRDB Bank, Farid Seif (in the middle), speaks during an event to announce a seminar for online entrepreneurs scheduled for May 4, 2024. With him is the CEO of Infocus Studio Limited, Joshua Moshi (left) and Senior Marketing Manager at CRDB Bank, Dickson Njunwa (right).  PHOTO | CORRESPONDENT

What you need to know:

  • The Instaprenyua seminar is scheduled for Saturday, May 4, 2024, and all online entrepreneurs are invited to register and attend

Dar es Salaam. CRDB Bank is working out a plan that will boost the operations of online entrepreneurs conducting their activities through this channel.

The bank has organised a seminar to build the capacity of entrepreneurs conducting their activities through the channel.

The decision follows recent advancements in science and technology that have changed the way businesses operate, according to the bank’s acting director of Small and Medium Enterprises (SMEs), Mr Farid Seif.

“These advancements have created room for thousands of Tanzanians to join other entrepreneurs worldwide in utilising the available opportunities,” said Seif, noting, however, that despite the vast opportunities in online business, the existing entrepreneurs were still facing several challenges.

This, he said, was why, in 2022, the bank established the ‘Instaprenyua’ platform aimed at empowering them to leverage existing opportunities and overcome challenges.

“Thus, the Instaprenyua seminar is scheduled for Saturday, May 4, 2024, and all online entrepreneurs are invited to register and attend,” he said.

In addition to enhancing entrepreneurs’ knowledge, CRDB Bank also promotes the various opportunities it offers to these essential contributors to household income and the national economy as a whole.

During the seminar, various topics will be presented, including business growth strategies, market planning, and sourcing goods at competitive prices.

Seasoned professionals will also discuss shipping logistics, ensuring customer payment, or delivering actual ordered goods in online business, as well as how to grow their respective businesses.

Apart from the knowledge gained from the presentations, Seif emphasised the importance of entrepreneurs understanding CRDB Bank’s services tailored to their businesses.

The bank is a leader in empowering entrepreneurs through its fee-free Strong Account, which provides opportunities for investment and operational loans, including the Komboa loan specifically designed for traders importing goods from abroad.

To participate in the seminar, entrepreneurs are required to register following the instructions provided on the bank’s official social media pages. Early registration is encouraged due to limited space.

In facilitating the seminar, CRDB Bank collaborates with its partners, including Simba Courier, Mwananchi Communications Limited (MCL), and Infocus Studio Limited.

Speaking at a press conference held at CRDB Bank’s headquarters, the CEO of Infocus Studio Limited, Mr Joshua Moshi, said millions of social media users are a large market for goods and services, which is why entrepreneurs are rushing to establish their presence there.

He emphasised the necessity of capacity building in every business endeavour and invited fellow entrepreneurs to attend the seminar to exchange experiences and improve their businesses.