Some Aspects of the New Microfinance Law in Zimbabwe
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Date
2017-05
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
MCSER
Abstract
This paper analyses the new Microfinance Act [Chapter 24: 29] in order to reveal the shortcomings in the law and to suggest
areas of possible improvement. The study was carried out using a purely desktop legal research method wherein a critical
review of the piece of legislation was done against the theory surrounding microfinance business principles. The study
concluded that the new Microfinance Act in Zimbabwe has a considerable number of shortcomings born out of both drafting
loopholes and outright lack of thrust of principles promotive of the growth of the microfinance sector in the country.
Description
Journal Articles
Keywords
Microfinance, Act, Law, Interpretation, Consumer, protection
Citation
Makuyana T. 2017. Some Aspects of the New Microfinance Law in Zimbabwe : Mediterranean Journal of Social Sciences 8(3).