LonZim reports strong growth in Zimbabwe microfinance business…

Specialist Zimbabwe investment company LonZim (LON:LZM) told investors that the recovering market in Zimbabwe has driven strong growth at the microfinance division of its Paynet business. In June alone, Tradanet collected US$3.5m in principal and interest payments.
The company said that since Tradanet’s re-launch in mid-2009, aided by LonZim’s financing, the [...]

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