The Zimbabwe Association of Microfinance Institutions (ZAMFI) is a government institution established in 1999 with the aim of advocating 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.[1]
| Formation | 1999 |
|---|---|
| Purpose | 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 |
| Headquarters | Harare |
| Location | |
Official language | English |
Executive Director | Mr. Godfrey C. Chitambo |
Finance & Administration Officer | Ms. Judith Nyanderu |
Key people | Mrs. Virginia Sibanda, Mr. Vote Muza, Mr. Morris Mpala, Mrs. Mildred Chirwa, Mrs. Molly Dingani |
| Website | http://www.zamfi.org/ |
Membership
editMembership is open to all licensed practitioners who are into microlending. These include commercial banks, microfinance funders, microfinance banks, credit only microfinance institutions, savings and credit cooperatives.[2] There are subscriptions paid by members. In 2014, the organization had 68 member MFIs in the country.[3]
Governance
editZAMFI is governed by a board of directors, and these are democratically elected from the existing ZAMFI members. The Board Chairperson is Mrs. Virginia Sibanda.
The other board members are Mr. Vote Muza, Mr. Morris Mpala, Mrs. Mildred Chirwa, and Mrs. Molly Dingani.[4]
References
edit- ^ Szebeni, A'kos (2014-05-13). "MICROCAPITAL BRIEF: Zimbabwe Association of Microfinance Institutions (ZAMFI) Warns Against Illegal Deposit-taking by Microfinance Institutions (MFIs)". MicroCapital. Retrieved 2019-02-25.
- ^ "Membership". zamfi.org. Retrieved 2019-02-25.
- ^ "ZAMFI Members Categorisation". zamfi.org. Retrieved 2019-02-25.
- ^ "Key Note Address by Dr. J. T. Chipika, Deputy Governor, Reserve Bank of Zimbabwe, on the Occasion of the 2018 Microfinance Excellence and Appreciation Awards" (PDF). Reserve Bank of Zimbabwe. Retrieved 2019-02-25.