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CONTENTS GOVERNOR S FOREWORD .. 5 DIRECTOR S FOREWORD .. 7 CHAPTER 1 INTRODUCTION .. 9 CHAPTER 2 REGULATORY FRAMEWORK .. 13 CHAPTER 4 CONDITION AND PERFORMANCE OF THE microfinance 19 CHAPTER 5 RESPONSES TO CHALLENGES IN THE microfinance SECTOR .. 27 CHAPTER 6 ROLE OF microfinance IN FINANCIAL INCLUSION .. 29 CHAPTER 7 OUTLOOK .. 35 APPENDICES 39 MISSION STATEMENT MIMISSION STATEMENT Vision To become a transformative and responsive Central Bank. Mission Maintaining financial stability and financial inclusion through credible policies and risk based supervision of banks, supported by a skilled human resource base and a modern integrated ICT system. Values Trust Integrity Passion Transparency Accountability Efficiency Creativity PURPOSE OF THE REPORT The purpose of this microfinance annual report is to provide an analysis of the status and performance of the microfinance sector in Zimbabwe for the year ended 31 December 2015.

PURPOSE OF THE REPORT The purpose of this microfinance annual report is to provide an analysis of the status and performance of the microfinance

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