ZIMBABWE ASSOCIATION OF
MICROFINANCE INSTITUITIONS

creating sustainable microfinance

WELCOME TO OUR REFRESHED WEBSITE

new Perfomance Report of the Microfinance Sector as at 30 June 2018 now ready for downloading 

  • Mustard Seed

    ms logo

    FINANCIAL INCLUSION SOLUTIONS

    Extensive experience in Financial Inclusion Solutions spanning over 25 countries in 4 continents.

    Mustard Seed Advisory (MSA) is a development finance consulting firm providing technical support services to financial instituitions including banks, private companies, non-governmental organisations and international aid agencies. The company supports and builds capacity of financial instituitions by poroviding Market Research, Product Development, Instituitional Development and Human Capital Development.

    For more information kindly download our company profile:

     

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  • Analysis Of The Performance Of The Microfinance Sector In Zimbabwe - March 2018

    2018 review

    Microfinance outreach for the quarter ending March 2018 was $115.6 million forcredit only MFIs that are members to ZAMFI, an increase by 17.1% from the outreach figures reported in December 2017 of $98.7 million. Inspite of the increase, the number of active borrowers has decreased from 173 348 clients to 165 450, an indication that MFIs have increased their average loan per person.

     

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  • ZAMFI Launches Regulatory Review on the Microfinance Sector

    The Zimbabwe Association of Microfinance Institutions (ZAMFI) today used the occasion of their 3rd Annual Microfinance Sector Winter School in Kariba, to launch a regulatory review of their sector. The Winter School is taking place from 18 and 20 May under the theme “Tranversing the Microfinance Landscape”.

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  • Analysis Of The Performance Of The Microfinance Sector In Zimbabwe - Dec 2017

    2017 results with respect to outreach reflects a sector largely on a rebound with total disbursed loans for the year amounting to $197.2 million compared with $166.0 million in 2016, an increase by $31.2 million or 18.7%. This is inspite of the year 2017 being the period when interest ceiling of 10% interest rates by the Central Bank was introduced effective January 2017.

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  • Analysis Of The Performance Of The Microfinance Sector In Zimbabwe - March 2018

    march 2018 report

    ZAMFI notes that the first half of the year has been a difficult period for the microfinance sector on account of many challenges bedeviling the sector which could potentially spillover into the second half. The top five challenges of great concern to the sector included high cost of funding, shortage of cash & foreign currency, a general rise in cost of operations, limited product development and the perceived high country risk.

     

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faraiMrs Mpofu is a Financial services Corporate Communication, Marketing and Investor Relations specialist who has spent almost a quarter of a century in the industry. She is an alumnus of the British Council leadership programme, "Tomorrow's Leaders". In the social and leadership space Mrs Mpofu's contributions include service on the boards of Women's University in Africa, Culture Fund of Zimbabwe Trust, St Martin's Convent School, Junior Achievement in Zimbabwe and coordinator for Women to Women forum. Farai is a blood donor and patron to "Pledge 25", a national "club" of young adults who pledge to donate no less than 25 units of blood in their lifetime.
Mrs Mpofu is the Chairperson of the Planning and Operations committee on the ZAMFI board. The committee's major mandate is, together with the Secretariat, to ensure that ZAMFI offers quality, sector and country responsive programmes that are compatible and accelerates our vision and mission.