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Chikopokopo Investments Group
In this Group: Tafara, Pardon, Naison, Tinos, Lameck, David, Mavis, Omega
Tafara is 25 years old and married man, with a child who is only 3 months old. Apart from his wife and Kid, he also takes care of his father and mother who says at their Rural home.

Tafara is into service business of Dry Cleaning in Chiredzi, Zimbabwe and has three employees. He has been in this business for the past two years. He has requested a loan of $400.00, and has never borrowed any loan from any Financial institution before.

He says challenges being faced are of customers who default on payments payments when given goods on credit. In five years, Tafara would like to open some branches in Chiredzi as well as in Masvingo town .

Additional Information

About MicroKing Finance

MicroKing's loans are guaranteed against institutional default (failure of MicroKing to repay Kiva lenders if the borrower repays MicroKing) by MicroKing's parent company: Kingdom Financial Holdings Limited.

More About MicroKing
This loan is administered by MicroKing Finance, Kiva’s first partner in Zimbabwe.

MicroKing’s mandate is to provide financial services integrated with advisory services and targeted training to the under-banked but rapidly growing Zimbabwean micro-enterprise sector. The intent is to mobilize the underprivileged as active agents in fighting poverty as well as to accelerate the country’s journey back to economic prosperity where Zimbabwe was once known as the “bread basket of Africa.”

Zimbabwean micro-enterprises are generally run by women and comprise a multitude of business types. Constraints on local production and manufacturing capacity have led to cross-border trading being the most common type of business.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Zimbabwe

  • $2,000
    Average annual income
  • 5
    View loans »
    Zimbabwe Loans Fundraising
  • $3,745,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Chikopokopo Investments Group's $3,200 loan helped a member to buy equipment for dry cleaning.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 11, 2011
Dec 13, 2011
Currency Exchange Loss:
Apr 17, 2013