04/11/2025
The Catalysing Economic Development through the Informal Sector (CEDIS) program implemented by Mercy Corps Zimbabwe introduced a technical assistance (TA) initiative for microfinance institutions (MFIs). To deliver this support, CEDIS partnered with Third Way Partners to conduct an institutional capacity assessment of three MFIs: VIRL Financial Services, Moneymart Finance Pvt (MMF), and Generational Impact Finance Pvt (GIF).
Held in Harare from 21–23 October 2025, the assessment gathered insights on current business models, products, and systems to inform tailor-made support. The MFIS shared positive feedback:
📌Generational Impact Finance Pvt found the sessions thought-provoking, prompting critical reflection on institutional processes and practical ways to leverage digital technology for marketing, outreach, credit operations, and overall efficiency.
📌VIRL Financial Services appreciated the emphasis on integrating field-level data into dashboards for real-time decision-making by Branch Managers, Loan Officers, and Head Office aligning well with ongoing efforts to improve loan monitoring, client profiling, and easier loan onboarding experience.
📌Moneymart Finance Pvt Ltd valued the detailed breakdown of staff feedback, which provided insights on practical challenges in credit management, digital systems, and client targeting informing responsive training modules.
From November 2025 to March 2026, the TA will blend institution-specific support with cross-partner learning, focusing on fundraising and capital mobilization, marketing and outreach (including client segmentation), credit assessment, product and service enhancement, and risk management.
Funded by the Embassy of Sweden in Harare, CEDIS uses a Market Systems Development (MSD) approach to unlock opportunities and help financial service providers design tailor made products that meet the needs of women and women-led MSMEs.