ZIMBABWE ASSOCIATION OF
MICROFINANCE INSTITUITIONS

creating sustainable microfinance


  • Mrs. Virginia Sibanda – Board Chairperson +

    Mrs. Virginia Sibanda – Board Chairperson Mrs Sibanda has twenty eight years of experience in banking and microfinance industry in Zimbabwe, with extensive experience in credit risk assessment and lending to micro, small, and medium enterprises (MSME). Her current position is CEO of VIRL Rural & Social Financial Services (Private) Limited trading as VIRL Financial Services a company that she co-founded in 2010 and she holds a Master of Business Administration Degree obtained through the University of Wales Bangor in association with Manchester Business School. Mrs Sibanda is an alumni of the International Leadership Visitors Program sponsored by USAID.She has attended the general Boulder Institute of Microfinance Program as well as the Rural and Agriculture program and has attended the Symposium for Financial Inclusion sponsored by Mastercard Foundation.Mrs Sibanda is passionate about development work. Read More
  • Mrs. Mildred Chirwa +

    Mrs. Mildred Chirwa Mrs Mildred Chirwa is a banker with 17years in retail and corporate banking. She is holder of a BSc Hons in Management and Entrepreneurial Development Studies and a member of the Institute of Bankers Zimbabwe(IOBZ). Mildred has vast experience in financial services and products having joined BCC International (now CBZ Bank) in 1988 and worked in various departments before moving over to Trust Bank in 2001 as Assistant Branch Manager. She also worked for an IT company as Finance and Administration Manager before joining Hammer and Tongues Money Lenders as General Manager in 2010. Currently she is the Executive Director and enjoys changing lives through tailor made financial solutions. It is hoped that the ZAMFI board and the Association will be the better for her skills and experience. Following the June 2018 AGM, Mrs Chirwa was appointed Chairperson of the Planning and Operations Committee (POC) of the ZAMFI board. She has the exciting responsibility of overseeing the programming of the Association as well as being in charge of all the ad hoc committees of the Association. Read More
  • Precious Kwashirai +

    Precious Kwashirai Mrs Precious Kwashirai is a co-founder of Intercrest Capital and has been instrumental in setting up operations and finance department. She has over 20 years of experience in banking and insurance industry. Precious holds a Masters in Strategic Management from University of Chinhoyi, Bachelor of Banking and finance from University of Zimbabwe, Excutive certificate in Microfinance and Diploma in Management.She is an alumnus of the Boulder Institute of Microfinance in Rural and agriculture Finance.Mrs Kwashirai also sits on the Hope for African Communities Trust (Hact) as Treasurer an NGO that focus on facilitating transformational programmes for vulnerable African communities and also on Autism Organization Zimbabwe (AOZ) board a Private Voluntary Organistion .She was a board member of Eureka and Nyaradzo group of companies. Precious was also on the steering committee of the Zimbabwe Association of Microfinance Institutions (ZAMFI) Winter School. Read More
  • Mr Eilex Felix Muzvondiwa +

    Mr Eilex Felix Muzvondiwa Mr Eilex Felix Muzvondiwa is currently the Executive Director in charge of operations at Yambukai Holdings (Pvt) Ltd, one of Zimbabwe’s leading micro finance Institutions, since 2000. Eilex has extensive experience in the banking, capital market operations, investments, and insurance and pension funds. In addition to his Honours degree in Economics (UZ), Eilex also has a full IOB(Z) diploma where he obtained prizes in Economics and Financial Management as well as a Masters in Business Leadership from UNISA. As a true God fearing person (which all of us should be), Mr Muzvondiwa, in addition to his earthly educational qualifications, also holds a diploma in Theology from the Africa Christian Training School. Mr Muzvondiwa will be dynamically active in the Finance and Human Resources (FHRC) committee of the ZAMFI board whose main function is to secure and safeguard the future of the Association.   Read More
  • Mr. Fungai Chimwamurombe +

    Mr. Fungai Chimwamurombe Fungai is a registered Legal Practitioner, Notary Public and Conveyancer, having obtained his LLBS degree from the University of Zimbabwe. He is a finalist of a Masters degree in Business Administration from Steinbeis University, Germany, has a Certificate in Business Management (University of Zimbabwe), Diploma in Leadership and Developmental Studies and a Diploma in Microfinance. He is the Principal or Senior legal partner at Chimwamurombe Legal Practice (Zenas) which is a leading law firm in Zimbabwe that is collaborating with Andersen Global. The law firm works with microfinance institutions in Zimbabwe in various respects which include registration of mortgage bonds, corporate advisory, training of microfinance, among other financial inclusion initiatives. He sits on various boards, which include the Contact Centre Association of Zimbabwe, Zambuko and Zenas Consulting. Fungai has worked as a legal advisor in various companies before practising in the Labour & Commercial Department of an established and leading law firm in Zimbabwe. His contribution to the board involves all legal advice in respect of the microfinance landscape in Zimbabwe.Since he is actively involved in training of microfinances he will assist the board in giving sound advices to its members. He is well trained in complex deal structuring, labour matters and corporate advisory. Fungai is also a registered Estate Administrator and a member of the Marketers Association of Zimbabwe.   Read More
  • Dr. Tinashe Manzungu +

    Dr. Tinashe Manzungu Dr. Tinashe Manzungu is a business magnate who has pioneered TM Group into a diversified investment portfolio. He is a celebrated Zimbabwe born business man who founded TM Group from humble beginnings. Born 34 years ago at a mining town of Kwekwe in the Midlands Province, he comes from a strong Christian background and a family-oriented man. Dr. Manzungu is a holder of a Doctorate in Business Leadership (DBL) from the International Women’s University (IWU). He also has a Masters of Science in Business Leadership (MBL) from the International Women’s University (IWU). He is also a holder of Honours Degree in Geography and Environmental Science (HonGES) from the Midlands State University (MSU). Furthermore he is a Master of Business Administration ( MANCOSSA UNIVERSITY) S.A Candidate. Dr. Manzungu’s substantial experience and expertise continue to be recognized as he has been appointed to seat on the following various boards: ZNCC Zimbabwe National Chamber of Commerce (President), MSU Midlands State University (Council member), ZBCA Zimbabwe Building Contractors Association (Junior Vice President), ZIMCARE TRUST (Committee Member), CCC Crime Consultative Committee (Committee Member) and GAAYED Global Appeal for Accelerated Youth Empowerment and Development (Founding Appellant. He has received numerous accolades including MEGAFEST Business Award Top 20 Outstanding Man In Business 2019 and MEGAFEST Business Awards Businessman Of The Year 2020. Read More
  • Mr. Saul Chin’anga +

    Mr. Saul Chin’anga Saul Chin’anga is the Managing Director for Solten Financial Services. Saul has worked in the banking industry for over 30 years during which time he held several senior positions. He retired in December 2019 as Head of Digital Banking at CBZ Bank. He was recognized as The Most Outstanding Banking and Finance Leader of the year 2019 at the Megafest Business Awards. Saul is a certified Electronic Banking Specialist and hold a post grad diploma in Digital Transformation with Copenhagen University. In addition Saul holds an MBA with Zimbabwe Open University. Recently, Solten Financial Services was awarded the Most Digitalized and Innovative MFI at the ZAMFI Excellence Awards. In light of the global technological developments and the various benefits that arise from using technologies, Saul’s experience and knowledge in tech driven payments industry will be beneficial to the ZAMFI board. Read More
  • Mr. Desmund Ali +

    Mr. Desmund Ali Desmund Ali was born on 6 January 1972 in Harare in Zimbabwe. He is a first born in a family of three, two sisters in United States of America and Malawi respectively. His parents are the late George Chinkanda and Janet Yuda who is in the United Kingdom. Desmund is married to Heather Ali and they are blessed with seven children. He is a holder of several qualifications including a Bachelor of Commerce (Banking-Treasury Specialization) with Oxford Brookes (Damelin School Of Banking And Insurance), Institute of Bankers in South Africa (CAIB) where he is an Associate, Institute of Bankers of Zimbabwe (AIOBZ) and Institute of Bankers in Botswana (BIOB). Desmund is currently studying for an MBA in Banking and Finance with Middlesex University.He has worked for various institutions including Managing Director for Red Sphere Finance a Subsidiary of CBZ Holdings where he is currently stationed and Homelink as Group Managing Director.  Read More
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Contact Details - Head Office

74 Rhodesville Ave
Greendale
Harare, Zimbabwe
Landline: +263 24 2702 146/7 or 2702173
Email: info@zamfi.org

Bulawayo

Mimosa Building(Opposite Bulawayo Centre)
Room 4, 3rd floor, 9th Avenue/J.M Nkomo Street, Bulawayo
Tel: +263 9 67485
Email: info@zamfi.org