Zimbabwe Microfinance Fund disburses $15.4 mln in 9 months
7 years agoMon, 12 Dec 2016 06:53:41 GMT
![Zimbabwe Microfinance Fund disburses $15.4 mln in 9 months](/_next/image/?url=https%3A%2F%2Fzero.pindula.co.zw%2Fmedia%2Fnews%2Farticles%2Fzimbabwe-microfinance-fund-disburses-154-mln-in-9-months_vceb4kB.webp&w=640&q=75)
THE Zimbabwe Microfinance Fund (ZMF) has disbursed $15,4 million in nthe nine months from January to September this year. This money was used for on-lending. ZMF is targeting a total disbursement of $18 million for the whole year.
ZMF was established in 2012 to rejuvenate the Micro Finance Institutions (MFI). It provides on-lending funding to MFIs across Zimbabwe. This year, 24 MFIs benefited from ZMF compared to last year’s 16.
More: Bulls