An analysis challenges faced by Zimbabwean micro finance institutions in providing financial services to the poor and informal sector in the dollarised regime

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dc.contributor.authorMutambanadzo, Tendekayivanhu
dc.contributor.authorBhiri, Thomas
dc.contributor.authorMakunike, Smiller
dc.date.accessioned2013-11-21T08:44:09Z
dc.date.accessioned2023-06-26T12:03:30Z
dc.date.available2013-11-21T08:44:09Z
dc.date.available2023-06-26T12:03:30Z
dc.date.issued2013
dc.description.abstractMicro-Finance Institutions (MFIs) play a pivotal role in the provision of services to the financially excluded population , particularly the poor and the informal sector. The study investigated the reasons behind the collapse and under- performance of MFIs in a dollarized regime. A survey research design was adopted targeting all 17 MFIs in Bulawayo inclusive of those that collapsed. The major finding was that MFIs are facing funding challenges. Most of them use limited personal funds to finance their businesses. In addition, the study also revealed that MFIs have poor corporate governance structures. Management Information Systems (MIS) have not been fully exploited. The major conclusion drawn from the study was that lack of funding is the major factor hindering the growth and development of MFIs in Zimbabwe. The main recommendation was that MFIs must be adequately regulated and be encouraged to have suitable governance structures in order to attract funding.en_US
dc.identifier.citationMutambanadzo, T.,Bhiri, T. and Makunike, S (2013). An analysis challenges faced by Zimbabwean micro finance institutions in providing financial services to the poor and informal sector in the dollarised regime. Global Journal of Commerce and Management perspective Vol. 2(3) 2013:154-159.en_US
dc.identifier.issn2319 – 7285
dc.identifier.urihttp://196.220.97.103:4000/handle/123456789/343
dc.language.isoenen_US
dc.publisherGlobal Institute of Research and Educationen_US
dc.rights.licenseThis article was downloaded from NUST Institutional repository, and is made available under the terms and conditions as set out in the Institutional Repository Policy.en_US
dc.subjectMicro-Finance Institutionsen_US
dc.subjectcorporate governanceen_US
dc.subjectInformal sectoren_US
dc.subjectMISen_US
dc.subjectZimbabween_US
dc.subjectfundingen_US
dc.titleAn analysis challenges faced by Zimbabwean micro finance institutions in providing financial services to the poor and informal sector in the dollarised regimeen_US
dc.typeArticleen_US
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