James, a banker by profession, leads Quest Financial Services as Managing Director. He is a member of the Institute of Bankers of Zimbabwe. James joined Trust Bank in 2002 as a Trainee dealer in Treasury and rose to the position of Credit Analyst and later as an Account Executive with ZABG bank, which took over Trust Bank. He later joined TN Bank as a money market trader and was instrumental in the setting of the bank’s treasury division. James was a founding director of a microfinance outfit where he set up and headed the lending department. James, who holds a B. Com in Finance and the IOBZ qualification, brings an invaluable wealth of experience to Quest in the areas of microfinance, credit management, corporate lending and small business advisory. James also sits on the Action against Poverty Trust (ACAP) Board of Trustees; ACAP is a local NGO that focuses on livelihood programmes in rural areas. He also sits on the Board of the Zimbabwe Association of Microfinance Institutions (ZAMFI). James is also a recipient of President Obama’s prestigious Mandela Washington Fellowship for young African leaders. James is currently studying for an MBA qualification with Henley Business School.
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.
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”.
ZAMFI (Zimbabwe Assocition for Microfinance Institutions) is the umbrella body for microfinance institutions. Our vision is to transform the quality of life of the poor and marginalised communities. Our mission is to advocate for an enabling regulatory and funding environment and to promote best practices in the provision of demand- driven services for the growth of the microfinance industry in Zimbabwe.