At the end of July 2015 devastating floods swept through the Kalay region, causing serious damage to homes and businesses. Many ZMF clients lost enterprises that they had worked hard to build. These clients have shown incredible determination to rebuild their businesses, and the support they have been shown by the ZMF staff and community has been remarkable.
In spite of this setback, ZMF continues to go from strength to strength. Demand for loans is high, and clients continue to report a huge impact on their livelihoods from being able to access affordable capital for small business.
As the end of 2015 draws near, we are celebrating more than 2,750 loans and almost NZ$ 600,000 disbursed since ZMF began operating in 2008. This has been a truly remarkable journey so far, and it is exciting to think that it might be just the beginning.