UK financial services firm eyes Zimbabwe

United Kingdom based financial services firm, MicroLoan Foundation is set to establish a new unit in Zimbabwe aimed at empowering women.

MLF currently provides small loans to women in rural Malawi and Zambia enabling approximately 50 000 female entrepreneurs every year to set up their own self sustainable businesses and work themselves and their families out of poverty.

The company's founder and chief executive Peter Ryan said his organization provides small amounts of investment for groups of women who have little chance of employment.