Company Overview


Success Microfinance Bank Ltd (Success) is the successor to what was previously known in the market as Collarhedge Finance Private Limited (Collarhedge) which was licensed and started operating in 2011 as a credit only Microfinance Institution (MFI). By early 2015, the Collarhedge portfolio had surpassed 36,000 loans and the demand for loans consistently exceeded funding available from our shareholders and bankers, prompting the decision to apply for an upgrade from the credit only micro finance license to a deposit taking license. In October 2016, RBZ approved the upgrade and Collarhedge became a Tier III Banking Institution- a Deposit Taking Microfinance Institution (DTMFI) and Success Microfinance Bank Limited was born.

According to the World bank, financial inclusion means that “individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.” Therein lies our reason for being!

With a license premised on a commitment to financial inclusion, at Success we recognise that Micro Small and Medium Enterprises (MSMEs) are an undisputed source of employment, for our youth, disadvantaged women and redundant skilled and unskilled workers. We acknowledge their pivotal role in alleviating the challenges that are born out of poverty, inequality and unemployment. Our unique product offering is premised on understanding their challenges, the environment they operate in and the basic human and organisational need for growth.


To transform lives through innovative financial solutions.


To empower our customers, for mutual stakeholder benefit through quality financial solutions.


The values which guide Success Microfinance Bank in its business endeavours and provide guidelines are set out below:

Our Core Values



”Integrity is doing the right thing, even if nobody is watching.” CS Lewis


“Commitment leads to action. Action brings your dream closer.” Marica Wieder


“Innovation distinguishes between a leader and a follower.” –Steve Jobs


”Excellence is doing ordinary things extraordinarily well.” John W. Gardner


”Alone we can do so little; together we can do so much.” – Helen Keller