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dc.contributor.authorChirinda, Tafadzwa
dc.date.accessioned2018-10-31T13:42:09Z
dc.date.available2018-10-31T13:42:09Z
dc.date.issued2018-10-29
dc.identifier.citationChirinda, T. (2016). An investigation of the effectiveness of donor funded micro finance programming in Zimbabwe (Unpublished master's thesis). University of Zimbabwe.en_US
dc.identifier.urihttp://hdl.handle.net/10646/3675
dc.description.abstractThe study sought to investigate the effectiveness of donor funded micro finance programming implemented in Zimbabwe as an economic development tool to reduce poverty. An assessment of the effectiveness of microfinance programming implemented by the development sector through Zimbabwean Microfinance Institutions (MFIs) was conducted. In addition an assessment of micro finance business models and how they are integrated with donor funded project management methodologies and processes was conducted. Investigation of MFI performance indicators and effectiveness of technical support services provided by donors to MFIs was also conducted. The study was descriptive and used a mixed method approach of quantitative and qualitative data. A structured questionnaire was used to gather quantitative data and Key Informants Interviews (KIIs), two Focused Group Discussions (FGDs) and observations were used to collect in-depth qualitative data. Major findings are micro finance mainly reaches the vulnerable communities when supported by donors;donors have a social orientation and MFIs’ objective is profit making;donors mainly target as many vulnerable clients as possible using a wide range of activities;donor funded loans and financial services are cheaper than MFIs’ products without donor support;and client outreach and new financial products increase when donors support MFIs. However, limited project duration and resources constrain MFIs to achieve the ambitious set targets resulting in many MFIs not being sustainable after the micro finance project. It is recommended that donors and Non- Governmental Organisations (NGOs) design programmes/projects with long duration; focus should be on the number of loans reached rather than number of people; donors should not pressurise MFIs to hurriedly disburse loans to vulnerable clients as it increases the loan default rate; and technical support services provided to MFIs should be flexible as requested by MFIs. During the design stage of micro finance projects, donors should balance the scope of work, time duration and resources allocation. To facilitate sustainability, donors should not immediately request MFIs to remit granted revolving loan funds (RLFs) or grants soon after the end of the project. Sudden de-capitalising of MFIs is unsustainable; at least six (6) months should be the remittance period after the project end date.Donors have different micro finance approaches and should have a standardised programming approach used as a unified framework of micro finance programmes in Zimbabwe.en_US
dc.language.isoen_ZWen_US
dc.publisheren_US
dc.subjectMicro financeen_US
dc.subjectEconomic developmenten_US
dc.subjectPoverty reductionen_US
dc.subjectDonor fundingen_US
dc.titleAn investigation of the effectiveness of donor funded micro finance programming in Zimbabween_US
dc.contributor.registrationnumberR138776Xen_US
thesis.degree.advisorKadenge, Pheneas G.
thesis.degree.countryZimbabween_US
thesis.degree.disciplineGraduate School of Managementen_US
thesis.degree.facultyFaculty of Commerceen_US
thesis.degree.grantorUniversity of Zimbabween_US
thesis.degree.grantoremailspecialcol@uzlib.uz.ac.zw
thesis.degree.levelMBAen_US
thesis.degree.nameMaster of Business Adminstrationen_US
thesis.degree.thesistypeThesisen_US
dc.date.defense2016


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