Nam-mic Financial Solutions (Pty) Limited (NFS)
Nam-mic Financial Solutions (Pty) Limited (NFS), a subsidiary of NFSH, offers micro finance to union members in partnership with Bank Windhoek Limited. The micro finance business unit also provides payroll deduction services to private sector companies, state owned enterprises and government to provide financial services to members of the unions affiliated to the NUNW.
In response to the needs of our customers we have facilitated the development of products in the areas of:
• Micro Lending
o Nam-mic Loans (BW FINANCE),
o Life Insurance/funeral products (NAMLIFE)
o Short-term Insurance (WELWITSCHIA NAMMIC)
o Credit Life (SANLAM NAMIBIA)
• Legal access
o Nam-mic Legal Access (SANTAM)
• Mobile banking services
• Customized products and services that are integral to our strategic partnership with the Capricorn Investment Holdings Group, Santam Namibia and Sanlam Namibia.
Through Nam-mic Financial Solutions (Pty) Ltd we are attempting to innovatively address the critical shortage of suitably skilled management and staff in the insurance, banking and consultancy sectors in Namibia. We believe it has the ability and technical support to play an essential role in the transformation of financial services in the country.
Nam-mic Payment Solutions (Pty) Limited (NPS)
Nam-mic Payment Solutions (Pty) Ltd was established in 2011 and was mandated to create Nam-mic CellCard as a multifunctional card catering for banking and loyalty transactions.
Nam-mic CellCard is available to the public and is being used as a membership card for the affiliated members of the Namibian Union of Namibian Workers (NUNW).
Focused on financial inclusivity, Nam-mic CellCard is a cost effective banking product that caters for the unbanked and under-banked population of Namibia