100%
women
90%
rural
70%
live below $2.50 poverty line
Extensive Training & Support
MicroLoan Foundation Zimbabwe launched in April 2017 and provides pro-poor financial services and focuses on clients living in the rural areas to reach financially excluded and underserved communities. There is high demand for appropriate financial products and services, and a real need for capital, business support and financial literacy training.

The macroeconomic climate in Zimbabwe is challenging and the operations have been impacted by hyperinflation and a highly unstable local currency. As a social microfinance provider with positive impact and the well-being of clients at it’s core, we are currently relying on grants to fund our operations and growth. As one of the only social microfinance providers in the country, we are well positioned for growth.

Number of active clients

2,350

Number of branches
(including satellites)

3

Loan book (GBP)

£209,706

PAR30(%)

27.7%

Operational self-sufficiency (%)

78%

Average loan size (GBP)

£146

No. of clients per Loan & Training Officer

181

Data as of 31 December 2024. For latest data please see quarterly operations reports.

Leadership Team

Ruvimbo Makoni - Finance Manager

Read Bio

Ruvimbo Makoni

Finance Manager

Samson Songore - CEO

Read Bio

Samson Songore

CEO

Board of Directors

Elias Hwenga - Chairperson

Elias Hwenga

Chairperson

Ngaa Gumbo - Director

Ngaa Gumbo

Director

Andre Harriman - Director

Andre Harriman

Director

Medha Wilson - Group CEO and Director

Read Bio

Medha Wilson

Group CEO and Director

Mateo Zanetic - Director

Read Bio

Mateo Zanetic

Director

Quarterly Operational Reports

Branch Locator

Success stories

Dadirai was in an abusive relationship, and the actions of her husband created a stigma for her whole family. She had no friends or family to offer help when her marriage ended, and she had three young children to provide… Read more

Read more

Latest Updates

Malawi, Zambia and Zimbabwe are among the countries in sub-Saharan Africa most affected by the severe impacts of the El Niño induced drought which is having catastrophic consequences including failed harvests, lack of food supplies and malnutrition. All three countries… Read more

Read more

Browse Our Locations

If you are seeking a loan, please contact our teams in Malawi, Zambia, Zimbabwe or South Africa.

    We do not currently operate outside of Malawi, Zambia and Zimbabwe so you are not eligible for a loan at this time. If you would like to speak to a member of our team: contact@mlf.org.uk

    Our Partners

    Ruvimbo Makoni

    Finance Manager

    Finance Manager, MicroLoan Zimbabwe

    Ruvimbo is a seasoned finance professional with over 15 years’ experience in financial management, accounting, and stakeholder engagement across diverse sectors in Zimbabwe and the UK. A Fellow of the Association of Chartered Certified Accountants (FCCA), she brings strong analytical acumen, leadership, and a track record of transforming finance functions. Currently serving as Finance Manager at MicroLoan Foundation Zimbabwe, she is responsible for driving financial strategy, compliance, and operational efficiency. Her career spans roles in listed companies, legal firms, mining, and the non-profit sector, where she has led key projects including internal control revamps, partnership dissolutions, and strategic audits. Ruvimbo is passionate about capacity building, and is recognised for her ability to mentor teams and enhance financial systems. She also served on the ACCA Zimbabwe Public Sector Sub-committee, contributing to the development of ethical and professional standards in public finance.

    Samson Songore

    CEO

    CEO, MicroLoan Foundation Zimbabwe

    Samson Songore is the CEO of MicroLoan Foundation Zimbabwe, bringing over two decades of leadership in microfinance across Southern Africa. A seasoned executive, Samson has held senior roles including Chief Operations Officer at Futuro Micro Banco in Mozambique and Training Manager at South Africa’s Small Enterprise Foundation (SEF). His career began at CBZ Bank Zimbabwe, where he advanced to Assistant Manager for SMEs and Microfinance. Known for his strong leadership, strategic planning, and staff development capabilities, Samson is deeply committed to financial inclusion and poverty alleviation. His hands-on expertise spans loan portfolio management, staff training, compliance, and operational efficiency. Samson holds a Diploma in Banking and Finance from Harare Polytechnic, with further qualifications in Microfinance Management and Nonprofit Project Management. Fluent in English, Shona, and Ndebele, Samson continues to drive MicroLoan Foundation’s mission of empowering women entrepreneurs through sustainable financial services.

    Medha Wilson

    Group CEO and Director

    Medha Wilson is the Chief Executive Officer at MicroLoan Foundation. In her current role she oversees the activities of MicroLoan’s operations in Africa and is responsible for developing the overall strategy of the Group. She serves on the board of the three MicroLoan subsidiaries in Malawi, Zambia, and Zimbabwe.

    Medha has extensive experience in financial inclusion in both senior operational and investment management roles in emerging and frontier markets, across Asia and Sub-Saharan Africa. Her expertise also includes establishing and scaling-up of greenfield operations, turnaround of struggling entities and governance. She also has considerable experience in engaging with a broad range of social and impact investors.

    Medha is a Qualified Chartered Accountant and holds a degree in Econometrics and Mathematical Economics from The London School of Economics.

    Mateo Zanetic

    Director

    Board of Directors Zimbabwe, Zambia and Malawi

    Mateo Zanetic is the Regional Director of MicroLoan Foundation. In his current role he is responsible for operations management, which includes providing hands-on support to MLF CEOs in Malawi, Zambia and Zimbabwe. Mateo serves on all three MLF subsidiaries. His responsibilities include providing guidance and troubleshooting in areas related to expansion to new operational areas and products, development of annual budgets and setting of performance targets for operational staff. Mateo heads the Social Performance Management function and is responsible for developing the evolving SPM framework and the reporting of SPM findings to both internal and external stakeholders. Currently, Mateo also serves as a CEO of MLF Zimbabwe.

    Mateo has an extensive background in microfinance operations in Southern Africa, specifically in scale-up of activities, integrating social performance in operational decision-making and in people management.

    He holds a degree in Management Accounting and Corporate Finance from Wits University.