Zimbabwe’s Econet Launches Mobile Money Loan Service

Thursday, April 3, 2014

With over 3 million users, EcoCash, run by Zimbabwe’s largest mobile operator Econet Wireless, has sought to solidify its market share through introducing more solutions, company officials have said.

Cuthbert Tembedza, a senior executive for EcoCash, said on Wednesday that the launch of ‘EcoCash Loans’ was a follow-up to EcoCash Save, a savings account run in partnership with Steward Bank.

Source: IT Web Africa (link opens in a new window)

lending, microfinance, mobile finance