From Ksh 50 To Winning A Million, The Story Of Dorcas Wanga

Sometimes extraordinary things happen to ordinary people doing incredible work. Meet Dorcas Wanga, whose journey from a KES 50 deposit to becoming I&M Bank’s first millionaire winner is rewriting the rules of what’s possible.

It took just two weeks for Dorcas, a hardworking poultry farmer from Mumias, to transform her financial future. When she walked into I&M Bank’s Kakamega branch to open her Solo Biz Account, she had no idea she was about to make history in the “I&M Bank Shinda Millioni” campaign, a competition created to celebrate and reward small business owners and sole proprietors across Kenya.

She says that the KES 1 million will now go towards expanding her poultry business and encourages other small business owners to diligently make deposits to unlock gains that I&M Bank has to offer.

“I see myself as a large farmer and a large land owner in the next five years. I advise all small business owners to deposit more and win more,” she says.

The I&M Bank Shinda Millioni” competition aims to reward customers who make deposits from their Personal accounts to the Solo Biz Account. Customers earn 1 point for every KES 2,000 deposited. The more you deposit, the more points you accumulate, and this increases your chances of winning!

The Solo Biz Account is designed to support small businesses and sole proprietors. Key features include no minimum balance and no monthly maintenance fees, with holders eligible to borrow up to KES 5 million through unsecured facilities

“We have made it easy for small business owners to open an account. We also make it possible for you to grow through various offerings,” says Eunice Kinyanjui, Head of MSMEs, I&M Bank Kenya.

Beyond the competition, I&M customers enjoy practical benefits including free Bank-to-M-PESA transfers and complimentary standing order setup. The Solo Biz Account provides daily SMS and email transaction notifications, access to dedicated relationship managers, and networking forums that connect entrepreneurs.

Additionally, the account comes with personalized rewards and a service guarantee for RTGS and SWIFT transfers, subject to terms and conditions.

For Dorcas Wanga, what began as a simple banking decision has opened doors to possibilities she’s only beginning to imagine. Her story stands as proof that with the right banking partner, small deposits can indeed lead to big dreams, and even bigger wins.

Read Also: Why I&M Bank Is Paying Customers To Deposit Cash