Emmerson Njanjamangezi, Group Features Editor 
ZIMBABWE Women’s Microfinance Bank (ZWMB) is targeting to increase its presence in remote areas to fill the void left by banking institutions vacating those areas.
ZWMB was opened in 2018, as one of many financial inclusion measures efforts by the government.
In an interview recently, ZWMB chief executive Mandas Marikanda said the bank has entered into a partnership with the ministry of Local Government to ensure presence in all 10 provinces and all districts countrywide.
“We know that the issue of mobility is a problem. Getting on the bus to go to the bank is a huge inconvenience to entrepreneurs. It can’t continue to be like that.
“So, when other banks are withdrawing from remote areas, we are going to Binga and other remote areas. We are making an effort though we are a young bank. We are in all provinces and all districts.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
