PFSL - Crunchbase Company Profile & Funding

Overview

PFSL

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About PFSL

PFSL is a Deposit-Taking Microfinance Institution licensed and supervised by Bank of Zambia.

Closed

Private

1-10

www.pfsl.com.zm/

Banking

Financial Services

Details

Operating Status

Closed

Company Type

For Profit

About the Company

PFSL is a Deposit-Taking Microfinance Institution licensed and supervised by Bank of Zambia with a share capital of 4.5M USD, serving a growing base of 2,200 clients with a gross loan portfolio of 6.4M USD. Additionally, PFSL has taken an important step to increase local ownership participation by introducing Client and Employee Share Ownership

Plans. PFSL was founded by CARE Zambia, supported by DFID in 1996. DiD manages the institution according to its Entrepreneurs Financial Center (EFC) Model that is based on the premise that MSMEs are essential to drive the engine of economic, durable development and growth in developing countries. Pulse Financial Services Limited’s (PFSL) mission is to increase peri-urban and urban MSMEs' access to specialized financial services on a permanent basis while contributing to wealth creation, improvement of living conditions and development of the Zambian private sector. PFSL's vision is to become the preferred Licensed Deposit-Taking Microfinance solution for entrepreneurs in Zambia.