SMEDCO
in Zimbabwe 🇿🇼
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About SMEDCO in Zimbabwe
SMEDCO (Small and Medium Enterprises Development Corporation) is a state-owned development finance institution in Zimbabwe that specializes in providing financial services and capacity building support to micro, small, and medium enterprises (SMEs) and cooperatives. Operating as a parastatal under the Ministry of Small and Medium Enterprises and Co-operative Development, SMEDCO serves as Zimbabwe's leading institution for SME development and economic empowerment.
The institution focuses on broadening economic participation, creating employment opportunities, and alleviating poverty through targeted lending and business support services. SMEDCO is recognized by the Reserve Bank of Zimbabwe as a specialized development finance institution within the country's banking sector.