Mybucks turns a refugee into a millionnaire  in Cashpendence promo

Mybucks turns a refugee into a millionnaire  in Cashpendence promo

Bigayimpuzi Bonaventure a refugee based at Dzaleka Refugee Camp will never be the same.

This is a man who has been running a small scale business at Dzaleka Refugee Camp.

However Bonaventure on Saturday smiled all the way to the Bank when he emerged winner of K2Million for cashpendence promotion.

Benard Mkandawire Chief Commercial Manager says the cashpendence promotion is in line with Reserve Bank of Malawi agenda on money inclusion.

He said since its launch “We have had eighteen people walk away with various prices Three customers walked away with K200,000 each and 9 customers walked away with K50,000 each thus the in the first second and third draw.” Said Mkandawire.

Mkandawire said the handing over of a cheque to Bonaventure is a commitment of what the Bank promised that after the promotion the Bank would pay K2 Million as grand price.

Mkandawire said the promotion has helped to grow its clientele by 15, 000 and that now the bank has 70,000.

“We are excited we are happy to promote Reserve Bank agenda on financial inclusion”

We are happy to be associated with the refugees.

In a bid to join Malawians in celebrating 55 years of independence, the Malawi’ commercial bank, Mybuck on Monday 1 July, launched cashpendence Promotion.

Chief commercial officer , Bernard Mkandawire told a news conference at its Bank headquarters during the launch that the grand price for the promotion is K2Million.

Mkandawire said prior to the grand price the Bank will disburse K500, 000 to a lucky winner every month, K200, 000 to 2 lucky winners and 3 customers will amase K50,000 each.

On the mechanism of the Promotion, Mkandawire said one was supposed to deposit and maintain a minimum of K20,000 into the their savings account and keep it for one month.

He said on the other hand, a customer should maintain a minimum of K200, 000 in their savings account for three months.

New customers were also being taken care of and were legible for the promotion.

MyBucks is driven by continuous FinTech product development and enhancement, expansion into new African markets and growth through strategic acquisitions.

As a globally recognised virtual bank, MyBucks is an enabling force in the international financial landscape, breaking down the barriers of traditional banking and pioneering true financial inclusion.

Malawi Exclusive

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