Clean Up Campaign
Zimbabwe Women’s Microfinance Bank team led by the CEO Dr M Marikanda in the company of Hon Min SGG Nyoni and Ministry officials
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.
Loan Type Amount Tenure Interest Rate Administration Fees Credit Life Insurance Savings Requirement Joint Liability Group Loan (Individually and joint run projects) From $100 1 – 9 months 6% per month 6% up-front once off 1% 10% of loan amount required Micro Farming Loan (Inputs, tillage, harvesting etc) From $100 1 – 9 months 6%…
By Ndafadza Madanha Women’s bank to finance castor bean production IN a bid to economically empower women the Zimbabwe Women’s Microfinance Bank (ZWMB) has entered into a strategic partnership with Life Brand Agric Service for the production of castor bean. Women across the country are expected to benefit from the program through provision of seed,…
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…
The much-awaited Women’s Bank opened its doors to the public on Tuesday, bringing to an end an anxious hiatus among prospective customers who had been waiting for the financial institution to start operating. The opening of the Zimbabwe Women Microfinance Bank further consolidates Government’s commitment towards ensuring women’s participation in mainstream economy. Already prospects are…