AT least 10 000 projects are set to receive financial support from the Zimbabwe Women’s Microfinance Bank (ZWMB) this year as part of the institution’s women empowerment initiative. Since its inception, the women’s bank has provided loans for over 114 000 projects predominantly fronted by women across the country, as it continues to economically and…
Zimbabwe Women’s Microfinance Bank team led by the CEO Dr M Marikanda in the company of Hon Min SGG Nyoni and Ministry officials
ZWMB Chief Executive Officer Dr M. Marikanda hands over cyclone Idai donation to Hon Min Dr SGG Nyoni.
During the first year of operation, ZWMB has managed to open a record of more than 60 000 accounts. Several Value Chain financing activities have been embarked on for a variety of crops Castor bean, sesame, cotton sunflower and sorghum. This has impacted mainly the rural farmer in our drive for financial inclusion.
President Mnangagwa yesterday launched the Zimbabwe Women’s Microfinance Bank in Harare where he announced that Government is working on permanent solutions to the current cash shortages. The bank is the first of its kind in the Sadc region and it will offer loans to women, youths and other small-scale businesses. President Mnangagwa, who was accompanied…
