AMZ achieves significant milestones as 2020 comes to a close
While 2020 has been a tumultuous year, we are still pleased to report that AMZ has delivered strong results despite the challenges posed by COVID-19.
AMZ goes live on Musoni Core Banking System
Musoni is the leading digitalisation partner for microfinance institutions around the world.
AMZ is currently operating under its Business Continuity Plan which was implemented on 1st April 2020.
AMZ Partners with RUFEP
Access to mobile money services in Zambia has the potential to expand financial inclusion especially for rural areas not served by formal financial service providers.
AMZ crosses 50,000 clients
Continuing its strong progress, AMZ crossed 50,000 clients for the month ended November 2019. More importantly, its loan sizes remain small, with average loans outstanding per client of less than USD 100 (ZMW 1,332).
AMZ reaches important milestones
AMZ is now unofficially the largest rural MFI in Zambia based on client numbers. We crossed 35,000 active customers and a loan portfolio of ZMW 50 million in the month of May 2019.