The Zambian Financial Sector Deepening (FSD Zambia) has produced guidelines for savings groups around the country to adopt during the COVID-19 pandemic.
As the world continues to face economic turmoil resulting from the COVID-19, communities in Zambia are turning to informal savings groups to cushion the impact of the pandemic.
Microfinance startup Lupiya has received an investment of $1 million from a US Venture Capital fund Enygma Ventures.
The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.
FINCA Malawi Receives Initial Disbursement of a $1.5 Million Loan Facility From the Belgian Investment Company for Developing Countries
Through a network of 23 branches and 63 active agents across the country, FINCA Malawi serves more than 70,000 clients offering individual and group loans, savings and insurance products specifically designed for low-income entrepreneurs.
Airtel Networks Zambia Plc and the UN Capital Development Fund have announced a partnership designed to bring digital financial services closer to Zambians living in remote areas across the country through Airtel Money.