Business
QUEST WATER AND AQUATAP™ OASIS ANNOUNCE PARTNERSHIP WITH TRUST MERCHANT BANK AND LAUNCH OF NEW DISTRIBUTOR-BASED BUSINESS MODEL
QUEST WATER AND AQUATAP™ OASIS ANNOUNCE PARTNERSHIP WITH TRUST MERCHANT BANK AND LAUNCH OF NEW DISTRIBUTOR-BASED BUSINESS MODEL.
About this update from Quest Water Global, Inc.
[{"type":"text","content":"\n VANCOUVER, CANADA, Nov. 17, 2022 (GLOBE NEWSWIRE) -- QUEST WATER GLOBAL, INC. (OTC Pink: QWTR) (\"Quest\" and/or the \"Company\"), an innovative water technology company and developer of the solar-powered AQUAtap™ water purification, desalination, and distribution technology, announced today that the Company’s joint venture in the Democratic Republic of the Congo (the “DRC”), AQUAtap™ Oasis Partnership SARL (“AQUAtap™ Oasis”), has partnered with Trust Merchant Bank (TMB) in the DRC to launch a new distributor-based business model. AQUAtap™ Oasis is a pioneer in the digital distribution of clean water. Following the successful launch of its AQUAtap™ App, integrated with Pepele Mobile, TMB’s mobile banking platform, AQUAtap™ Oasis is pleased to announce a further milestone in our partnership. Effective immediately, the AQUAtap™ Oasis network of independent distributors, or resellers, are able to purchase water from AQUAtap™ Oasis Community Water Centers directly from their mobile phones. Trust Merchant Bank played a significant role in launching the distributor-based business model, providing access to micro finance and training to new distributors. This new model is expected to allow AQUAtap™ Oasis to reach more customers. For more information about the new business model and TMB’s role, please view the following video: https://bit.ly/3h3REZz “Our strategic partnership with Trust Merchant Bank, and the implementation of this new distributor-based business model, will allow us to reach – and change the lives of – a greater number of people,” said Dr. Jerome Kalonji, Co-Founder and Managing Director of AQUAtap™ Oasis and Chairman of Kalo Products SARL. “With the launch of this new business model, together with the implementation of our AQUAtap™ App, we are advancing entrepreneurship, jobs creation, financial inclusion, and female empowerment as many of our distributors are women.” AQUAtap™ Oasis has so far attracted over a dozen men and women as independent distributors who will each purchase clean water in bulk quantity from the AQUAtap™ Oasis Community Water Centers and resell it into their respective communities. “Our AQUAtap™ Oasis Partnership i...