To increase peri-urban and urban micro, small and medium entrepreneurs’ 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.

EFC Zambia (formerly Pulse Financial Services Ltd) was founded by CARE Zambia, supported by DFID in 1996. Incorporated in 2001 it was registered as a charitable institution and converted to an LLC in 2006 under new microfinance regulation and renamed Pulse Financial Services Ltd (PFSL). CARE and DID reached a partnership agreement to raise new capital and bring professional management and technology in 2008 to develop it into a commercially viable MFI. PFSL was branded as EFC Zambia in Q1 2012. EFC Zambia is now a well recognized and licensed deposit taking institution with an active and growing MSME client base. It offers a broad range of savings and loans products (business loans, market women loans, home improvement loans, micro, regular and premium savings).