Check out some available loans that are similar to this one!
Christine
This is 47-year-old Christine from Harare the capital of Zimbabwe, which means "one who does not sleep." She is married with six children, three attending school. Christine runs an agriculture business selling chickens. The business has been in operation for one year. She says the main challenges faced are lack of capital and chickens dying due to cold weather when the electricity goes out. Christine has requested a loan of $500 for restocking and buying alternative sources of energy to keep the chicks from the cold. She says the extra income generated as a result of this loan will allow her improve payment of school fees and keep more chickens away from the cold. In the future, Christine plans to rear chickens at a large scale.

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.

About Zimbabwe

  • $400
    Average annual income
  • 0
    View loans »
    Zimbabwe Loans Fundraising
  • $3,291,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Christine to increase the number of chicks as well as purchase alternative sources of energy.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2013