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PENYA Financial Services

This is an MFI that provides loans and small business management skills training to BoP youth in Zimbabwe.

  • Stage Concept Only
  • Industry Financial Services
  • Location Harare, ZW-HA, Zimbabwe
  • Currency USD
  • Website

Company Summary

PENFIN provides training to rural areas based BoP youth from Zimbabwe. They are trained in Small Business Management, Organic Farming, Horticulture and other Vocational Skills. We then support them with start-up capital ranging from $500 to $5000 payable over 6 months. We also train them is setting up savings groups for the internal mobilisation of further loans and funding. We work with youth aged up to 35 years who are financially excluded.


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    Hillary Jephat Musarurwa

    A banker with more than 15 years experience in the financial services sector. Hillary has been trained in Micro Finance Institution management from the School of African Microfinance. He is also a Trainer in the Start and Improve Your Business seminars. He has worked with BoP youth for the past 5 years providing them with training and support to start their small businesses.

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    Quondile Zunidza

    An avid Trainer and Coordinator of the Village Savings & Loans Association (VSLA) model she is responsible for our Savings Groups rollout. She is also a Trainer in the Start and Improve Your Business seminars.