The strategic objective of GetBucks Zimbabwe is to retain and grow its market share in Zimbabwe through a sustainable business model that offers competitive interest rates while managing its cost of funds.
To that end, GetBucks Zimbabwe was issued with a licence by the Reserve Bank of Zimbabwe (“RBZ”) to operate a deposit taking microfinance institution which will allow the Company to increase its product offering and continue to drive financial inclusion at the low end of the market. The license was issued on 16 July 2015. The Company is currently putting in place the infrastructural and operational requirements before commencing operations as a deposit taking institution.
The Company intends to introduce banking products such as savings accounts for individuals as well as a debit card that will enable customers to transact electronically and have access to other financial services.
Read more in the document below.
2015 IPO Prospectus