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Digital Empowerment Toolkit Now Available!

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Introducing myself and my journal: WOMEN EMPOWERMENT THROUGH INCLUSIVE FINANCE

About Me:
I am an Economist with 7 years experience working in the Central Bank of Zimbabwe and two years experience in microfinance. I was in the Economic Research Division of the Bank for 3years and then moved to the Advisor to the Governor’s Office for 4 years. During that time, I demonstrated beyond any reasonable doubt that I am a hardworking and capable woman with great potential and a bright future. I have an excellent teachable spirit coupled with strong research and analytical skills. As a researcher, I actively participated, both individually and as a member of numerous teams, in formulating and writing various research and policy papers on topical macroeconomic issues about Zimbabwe and maintaining the Reserve Bank of Zimbabwe’s macroeconomic database. I have also attended various workshops and seminars on economic policies and research. Due to my hard work and commitment, I was promoted to be a Senior Economist in the Advisor to the Governor’s office, where my main role was performance evaluation and policy implementation. I developed a Performance Management Framework for tracking effective implementation of set monetary policies by the various divisions and departments of the Bank. In that role, I was also responsible for maintaining the macro-economic data base, analyzing and reviewing policy developments as well as liaising with government and private sector.

Regionally I was part of the teams that underwent MEFMI trainings in countries such as Zambia for Macroeconomic analysis and poverty reduction. As a Zimbabwean Economist, I have lived in the pre-cris era, the crisis era and the economic recovery era.

Whilst at the Bank, I participated in research on Financial Inclusion for the poor. This research made me to realise the need to do something and bring about change for women at the grassroots level. Thus I registered a private business consultancy company in 2007 to help small business persons and entrepreneurs. Thus in January 2011, I left the bank driven by the passion for change at the micro level, researched on financial services to the low income segments of the society. After leaving the Bank in January 2011, I managed to do the following:

• I conducted research on microfinance and strategic entry into the Zimbabwean Microfinance market.
• Engaged in personal lending in oder to get a good feel of the business
• Mobilized members of the Company’s board of directors, managed to get a member from India and another one from Zambia and locals.
• I managed to apply for the Microfinance License in June 2012 and got the license in October 2012.
• Drafted job descriptions for loan officers and the accountant and hired loan officer and accountant.
• Drafted Policies and Procedure Manuals for the MFI.
• Started Microfinance operations in January 2013 with individual capital of USD20 000.
• Formulated strategy, products (individual working capital loan product and salary based loan product )
• Facilitating staff training in individual lending methodology and now working on the group lending methodology.
• Have managed to get Silver membership certification with the Zimbabwe Association of Microfinance Institutions (ZAMFI) in May 2013.
• Managed to get the Salary Services Bureau deduction code for salary based loans in June 2013.
• Attended the ITC/ILO Making Microfinance Work: Managing for Improved Performance Workshop in Zambia, in February 2013, where I qualified to be on the TOT training program.
• Facilitated the installation of a Payments Debit Order Software for the MFI.
• Managed to raise an additional USD35 000-00 towards the MFI’s working capital.
Qualified to be a Certified Associate Trainer of the ITC/ILO in Making Microfinance Work in May 2014
• We are currently working a group product for rural women widows in Domboshava and Mutare.

My Passions:
Girl child development and women empowerment

My Challenges:
Extra funding for my company's working capital

My Vision for the Future:
To have the first Zimbabwe School of Microfinance

My Areas of Expertise:
Economics, Microfinance, Strategy Development, Policy Analysis and Review

Comments

Kika Sylvie Katchunga's picture

Hello

Welcome to our world community, so happy to have you with us
Soon on line

sylvie

Gladys Shumbambiri's picture

Welcome

Thank you so much for the welcome message.hope to learn a lot and to also contribute positively to the community of World Pulse.

Y's picture

Welcome, Gladys. Wow! your

Welcome, Gladys.

Wow! your passion for economic empowerment seems to be overshadowed only by your expertise. We are so happy to have you as part of our global family.

You are now a part of a thriving grassroots network of women leaders and supporters from more than 190 countries. See the Getting Started Guide to learn more about networking in our community: http://worldpulse.com/pulsewire/about/guide

I look forward to hearing more of your voice in WorldPulse.

Blessings.
Yvette

Yvette

Gladys Shumbambiri's picture

The Girl Child

The girl child is very important and from birth must be well kept and groomed as she grows.As mothers and women in the Global economy we must consider the girl child as an intergral part of the economic and the social system.

Gladys,

What wonderful work you are doing in the world of microfinance! Since you have such an eloquent voice, I wonder if you would be willing to compose a piece about digital issues for our Women Weave the Web Campaign? I'd love to hear your thoughts about how technology affects your life and the lives of women around you. You can find out more information about the campaign here, http://worldpulse.com/about/blog/announcing-the-digital-literacy-phase-o.... It would be fabulous to have your voice join others as we think through issues around digital literacy in all its complexity.

By participating, you will be joining a global community of women speaking out on the importance of digital inclusion and empowerment for women. Your voice will be delivered to powerful decision makers such as government officials, leaders in the technology industry, and policy makers at international organizations. In addition to influencing global agendas, your submission to the campaign will open the door to incredible opportunities such as:

· Being selected to represent World Pulse at influential international forums. This is your chance to meet key players and make your voice count!

· Connecting and building relationships with grassroots women leaders around the world. Be part of a community of thousands of women speaking out on this issue!

· Exploring and sharing resources for your work on our Campaign Resources page. Find support for your initiatives from funding to volunteers and supporters!

· Getting your voice heard on a global scale! World Pulse will analyze and collate your stories to deliver recommendations to influencers and decision makers on a global scale.

· Getting visibility and support for your work. Your story could be featured on our site, included in an e-magazine, or even published by well-known media outlets!

And the 2014 Lynn Syms Prize will be awarded to an outstanding grassroots woman and visionary voice using digital tools to effect change and advance her community work. The prize will include a $20,000 monetary prize to be paid out over two years to support her community based work, a feature profile on WorldPulse.com, and an all-expense paid trip to speak her message in New York City. You can find more on the website, http://worldpulse.com/campaigns/www/www-women-weave-the-web-campaign-prizes

I hope you'll participate!

Wishing you peace,

Kelly

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