ZBF SACCO is an investment vehicle which has a goal of giving financial freedom to its members. As a way of investment, the SACCO purchases shares on the Zimbabwe Stock Exchange (ZSE), and also does projects and joint ventures with members, then dividends are given to each member according to their contribution. Our ultimate goal is to register a Microfinance company, then venture into other profitable trades.
Our commitment is to provide you with complete solutions for your financial freedom. That’s why our Savings account is designed to provide you with convenience and simplicity for all your financial dealings. Our Savings account offers you peace of mind by making sure that your money grows whilst you’re in the comfort of your home.
ZBF SACCO offers 3 types of loans to members which are: Business Loans, Personal Loans & Emergency Loans Our threshold is 60% of what the member has contributed as subscriptions, our tenure varying depending on the type of loan required. Interest rates are as follows: USD Loan – 10% per month ZWL Loan – 30% per month Administration fee – 2% of amount required as loan Loan establishment fee – 2% of amount required as loan Transaction fees – 3%
Year of registration
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