Related Papers
The Inhibitors of Micro-financing: A Myth or a Reality in Zimbabwe
GODWELL KAREDZA
The research study was aimed at exploring the inhibitors of micro financing institutions in Zimbabwe. The research objectives of the study were to find out the challenges faced by Zimbabwean MFIs in providing services to the informal sector, to investigate how MFI requirements are inhibiting their performance and to determine strategies that need to be adopted by MFI to stimulate better performance. Descriptive research design was used to get data and Closed and open ended questionnaires were administered in six provinces of Zimbabwe targeting government institutions, microfinance institutions and beneficiaries of microfinancing. In-depth interviews were conducted to policy makers in Zimbabwe. The target population for this study was 298 (comprising of MFI managers, beneficiaries and government institutions) and 5 policy makers respectively. A sample size of 169 was used. The study revealed that, microfinancing operations in Zimbabwe are being crippled by poor management skills which is blocking them to achieve their goals and objectives, again minimum capital requirements levied to them by the policy makers is also a stumbling block for MFIs performance, lack of sound capacity to attract long term loans from foreign direct investment and non-performing loans are also among the stumbling block for MFIs performance.
An analysis challenges faced by Zimbabwean micro finance institutions in providing financial services to the poor and informal sector in the dollarised regime
2013 •
Thomas Bhiri
Micro-Finance Institutions (MFIs) play a pivotal role in the provision of services to the financially excluded population , particularly the poor and the informal sector. The study investigated the reasons behind the collapse and under- performance of MFIs in a dollarized regime. A survey research design was adopted targeting all 17 MFIs in Bulawayo inclusive of those that collapsed. The major finding was that MFIs are facing funding challenges. Most of them use limited personal funds to finance their businesses. In addition, the study also revealed that MFIs have poor corporate governance structures. Management Information Systems (MIS) have not been fully exploited. The major conclusion drawn from the study was that lack of funding is the major factor hindering the growth and development of MFIs in Zimbabwe. The main recommendation was that MFIs must be adequately regulated and be encouraged to have suitable governance structures in order to attract funding.
Almak
Factors affecting microfinance in Zimbabwe
2018 •
Aleck Makandwa
AN ASSESSMENT OF FACTORS AFFECTING THE FINANCIAL PERFORMANCE OF MICROFINANCE INSTITUTIONS IN ZIMBABWE20200317 119475 b776r7
tinotenda kanyenda
Impact of Microfinance on poverty alleviation in Harare
THE IMPACT OF MICROFINANCE INSTITUTIONS (MFIs) ON POVERTY ALLEVIATION IN HARARE, ZIMBABWE
2023 •
Charles Mavhunga
The study examined the impact of microfinance institutions on poverty alleviation in Zimbabwe. Poverty in Zimbabwe has remained a significant challenge in the country with a large proportion of the population living below the poverty datum-line. However, 1
Key Success Drivers for Microfinance Institutions in Zimbabwe: Developing Core Competences for Financial Inclusion
2016 •
Julius Tapera
The microfinance sector has become a major conduit for the provision of financial services to the poor citizens and the informal business sector who are shunned by the conventional banking system on the basis of being high risk. Quite a significant number of microfinance institutions have been struggling for survival since the adoption of the multicurrency owing to the general meltdown of the economy. This study focuses on key drivers of success underpinning the performance of Microfinance Institutions (MFIs) in Zimbabwe. It adopts both inferential and descriptive methods to identify the antecedents of success in the microfinance business. The study identifies prudent risk management, regulatory framework, corporate governance, technology and innovations, and staff training and motivation as significant drivers of success for microfinance institutions in Zimbabwe. Other factors affecting the success of MFIs include management and leadership, access to resources as well as coverage, ...
Annals of the University of Petrosani Economics
The Impact of Micro Finance Institutions on the Socio-Economic Lives of People in Zimbabwe
2011 •
Margaret Mutengezanwa
Profitability Determinants in Microfinance Industry: Case of Zimbabwe (2010-2014)
Ranga Mavhunga, blessing katuka
The Downfall of the Micro Lending Businesses in Zimbabwe: Causes and Remedies
2015 •
Hlupeko Dube
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal -Included in the International Serial Directories Impact of Microfinance on Small and Medium Enterprises in Zimbabwe: The Case for Masvingo Town
Emily Wang
This research study sought to assess the impact of Microfinance on Small and Medium Enterprises (SMEs) in Zimbabwe.Data was collected from 105 randomly selected SMEs using the questionnaires.Graphs and Charts were used in data presentations and analysis. The findings of the study highlighted that majority SMEs had access to MFI Loans although only a few of them were able to secure the amount they required in full. The research study further revealed that significant number of SMEs beneficiaries of MFI Loans were effectively utilising the loans for business purposes thus enhancing their growth. Most of the SMEs indicated a positive effect of MFI Loans towards promoting their product quality and range, increase in branch network, improved cash flow levels and increase in market share. The study recommend that commercial banks and privately owned MFIs must train SMEs on aspects of financial management before availing loans to them. In addition the government and local authorities (City council) should provide sufficient infrastructural facilities such as permanent work stations, electricity and additional ablution facilities for the SMEs.
