Business Investment Opportunities

The business is a regulated credit-only microfinance institution in Zimbabwe, licensed by the Reserve Bank of Zimbabwe (RBZ), ensuring compliance and reliability in personal and commercial lending. - It operates 8 branches strategically located across the Harare Province, focusing on providing personal loans specifically for government employees and collateral-backed loans. - The hybrid lending model combines disbursement from its own balance sheet with loans facilitated through partnerships with banks and Development Finance Institutions (DFIs). - The loan offerings include personal loans for government workers with an average ticket size of USD 500, and collateral-based loans averaging USD 1,000, attracting a diverse customer base. - Acceptable collateral includes movable assets like vehicles and electronics, as well as immovable property such as residential homes, enhancing security and loan approval rates. - The company employs a strong multi-channel customer acquisition strategy, utilizing walk-ins, agents, referrals, and social media marketing to reach new clients effectively. - Revenue is generated primarily through interest income, with rates of 12% per month for personal loans and 15% for collateral-based loans, alongside establishment fees applicable to collateral loans. - The current outstanding loan book stands at approximately USD 200,000, with historical loan disbursements exceeding USD 5 million, reflecting steady growth in the lending sector. - The business enjoys a healthy average monthly loan disbursement of about USD 50,000, with a reported 7% non-performing asset (NPA) rate, demonstrating a conservative and responsible lending approach. - The company has shown consistent growth, achieving approximately 20% annual disbursement growth since 2020, despite recent challenges related to delayed government remittances. - The decrease in run-rate sales is due to delayed repayment remittances from the Government. As a result, the business relied on short-term borrowings for on-lending, which offered lower margins compared to lending from its own balance sheet. Consequently, the shareholders decided to reduce loan disbursements.

The business is a regulated credit-only microfinance institution in Zimbabwe, licensed by the Reserve Bank of Zimbabwe (RBZ), ensuring compliance and reliability in personal and commercial lending. - It operates 8 branches strategically located across the Harare Province, focusing on providing personal loans specifically for government employees and collateral-backed loans. - The hybrid lending model combines disbursement from its own balance sheet with loans facilitated through partnerships with banks and Development Finance Institutions (DFIs). - The loan offerings include personal loans for government workers with an average ticket size of USD 500, and collateral-based loans averaging USD 1,000, attracting a diverse customer base. - Acceptable collateral includes movable assets like vehicles and electronics, as well as immovable property such as residential homes, enhancing security and loan approval rates. - The company employs a strong multi-channel customer acquisition strategy, utilizing walk-ins, agents, referrals, and social media marketing to reach new clients effectively. - Revenue is generated primarily through interest income, with rates of 12% per month for personal loans and 15% for collateral-based loans, alongside establishment fees applicable to collateral loans. - The current outstanding loan book stands at approximately USD 200,000, with historical loan disbursements exceeding USD 5 million, reflecting steady growth in the lending sector. - The business enjoys a healthy average monthly loan disbursement of about USD 50,000, with a reported 7% non-performing asset (NPA) rate, demonstrating a conservative and responsible lending approach. - The company has shown consistent growth, achieving approximately 20% annual disbursement growth since 2020, despite recent challenges related to delayed government remittances. - The decrease in run-rate sales is due to delayed repayment remittances from the Government. As a result, the business relied on short-term borrowings for on-lending, which offered lower margins compared to lending from its own balance sheet. Consequently, the shareholders decided to reduce loan disbursements.