About Us
Background
Nation Savings Microfinance Co. Ltd (NASAM) is one of the leading registered Microfinance Institution in the Republic of South Sudan. It was incorporated on 29th September 2020 in accordance with the provision of South Sudan Companies Act 2012.
Nation Savings Microfinance Co. Ltd provides the best range of services which includes savings, lending, money transfers and financial literacy to the people of South Sudan who do not have access to financial services from the commercial banks and other financial institutions in the country. NASAM focuses on Client satisfaction by offering high value of services. All products and services are competitively priced and customer services are one of the best amongst the microfinance institutions in South Sudan. The company serves its customers through 5 branch networks spread in Central Equatoria and Lakes State.
The company is oversighted by competent board of directors and a highly skilled managers and staffs driving the institution forward.
Statements
Our Mission
Together We Grow
Our Vision
To be the first Deposit-Taking Microfinance Institution with the largest branch networks and best customer service in South Sudan
Our Mission
Provisions of financial services to small, medium and upscale entrepreneurs in rural and urban areas through profitable operations that foster growth of internal and external customers
Values
To enable it to achieve its vision, mission and strategic objectives, NASAM pledges to be there for its customers, staff, stakeholders and the country at large by observing a set of core values essential for its operations. Our core values are summarized with the acronym TEAM as below.
- Team work and customer sensitivity
- Efficiency and effectiveness
- Accountability and integrity
- Modesty and equal opportunity employer
Objectives
- Acceptance of various types of deposits including saving time targets and demands from individuals groups and association.
- Provision of credit (loans) to its customers, including formal and informal self help groups, individuals and association loans especially for farmers and women groups.
- Promotion and monitoring of loan usage among the customer by proving ancillary capacity building in the areas such as record keeping financial literacy and small business management
- Provision of employment opportunities which will improve the economic and social conditions of young generations and their households
- Pay and receive interests as may be agreed upon between NASAM and the clients
- Provision of loan disbursement service for the delivery of credit program of government ,agencies, groups and individual for poverty alleviation on non-resources basis.
Strategy
The focus for the next five years will be growth that will mainly come from consolidation and increase penetration within the target market segments for NASAM core product lines as stated below:
- Obtaining more long-term loan funds from various lenders to finance portfolio growth and have diversified source of funding
- Ploughing back bigger portion of profits to finance portfolio growth
- Acquiring a centralized software package to enable NASAM provides network banking to its clients and move to the next level.
- Research, product innovations and modifications of the existing products and services so that they are more tailored and custom designed to fit the ever changing needs and requirements of NASAM clientele.
- Training staff to ensure maximum productivity, efficiency and effectiveness.
- Review individual performance targets for staff to enhance maximum productivity.
- Training of our clients on essential business needs such as records keeping, financial literacy trainings and innovations