Road to Opportunity: Why Kleinfin is paving the way to financial inclusion
From its very foundation, microfinance was designed to play a key role in financial inclusion by serving the smaller and more overlooked sections of society. Financial inclusion refers to the sustainable cost-effective provision of a wide range of financial services at affordable cost to the majority of the population which […]
Local financing of Tobacco – Support for local tobacco farmers
Zimbabwe is the world’s sixth largest producer of tobacco. On average, the golden leaf brings in US$800 million annually (according to the Reserve Bank), which is approximately 30 percent of the country’s foreign currency. More than 140,000 farmers are now engaged in tobacco production, while close to one million people […]
Benefits of Microfinance in Africa’s Agricultural Industry
The continent of Africa is expected to growth significantly in the following decades in terms of both economy and population. The World Economic Forum has recorded the astronomical growth of African markets and outlined a very optimistic economic trajectory for many of its developing nations. A major reason why Africa […]
Microfinance Lessons from Muhammad Yunus Part 1: Trust and Collateral
Muhammad Yunus is widely considered the “father of microfinance” due to the lending principles he pioneered with Grameen Bank. He won the Nobel Peace Prize in 2006 for combining capitalism with social responsibility through the bank which has loaned over $6.5 billion to poor communities while maintaining a high repayment […]
Talk is cheap. Yes, literally.
We’ve all heard the phrase talk is cheap, and in the microfinance sector, it is truly the case given the services we provide to our clients. Part of our mission at Kleinfin is to bridge the gap between ambition and achievement which requires turning someone’s vision into concrete reality. In […]
How the Covid 19 crisis Enhanced our Client Relationships
It has been a challenging 2 years for the whole of humanity due to the Covid-19 pandemic. Our organization has witnessed the economic effects of the pandemic first hand as authorities put measures in place to curb the spread of the virus. On Friday 27 March 2020, the government announced […]
Our vision of Microfinance: Doing well by doing good
In the microfinance sector, many see organizations as having to choose between doing well and doing good. Doing well refers to the profitability of the enterprise which is sometimes seen as being in conflict with providing the clients with useful and affordable products. At Kleinfin we have discovered we can […]
4 ways in which Kleinfin is using microfinance to help alleviate poverty and promote financial inclusion in Zimbabwe
Microfinance is a key tool in Zimbabwe’s development agenda to help level the financial playing field especially for rural women, low-income households, and small businesses across the country. Microfinance can break down these barriers and in good times it helps families and small businesses to prosper, and in times of […]
Kleinfin now in Mutare – Emmtreb Partnership
We are excited to announce our partnership with Emmtreb Investments. This is going to bring so much needed convenience to the people of Mutare. Emmtreb Investments is a company specializing in DSTV accessories and subscriptions. Their shop is located at 85 H. Chitepo, Main Street Mutare CBD. Our hope is […]