Zimbabwe Women Microfinance Bank (ZWMB) has been criticized by stakeholders for failing to help impoverished women and instead operating as a profit-seeking entity. Women from diverse socio-economic backgrounds at a recent Economic Justice for Women Project event said the bank has failed to turn around their fortunes and only assists wealthy women who have valuable collateral. The bank’s CEO dismissed the allegations and said the bank supports women using collateral that is not acceptable by other financiers. However, she admitted the bank is struggling to support women, as only 150,000 clients transact with the bank and only 114,000 have received loans, despite the population of women in poverty being 7.9 million.