MICROFINANCE institutions (MFIs) extended $31,82 billion in loans to various productive sectors of the economy during the third quarter that ended September 30, 2022, the Reserve Bank of Zimbabwe (RBZ) has revealed.
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This was a huge jump from the $5,86 billion recorded in the third quarter of 2021. According to central bank data, the industry’s total loan portfolio increased by 100,63 percent over the period under
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