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This is 35-year-old Sindikani from Harare, the capital of Zimbabwe. He is married with two children, both attending school. He also cares for one dependent. Sindikani runs a retail business where he sells clothing and shoes. The business has been in operation for 4 years. He says the main challenge faced is lack of working capital. Sindikani has requested a loan of $750 to buy more clothing and shoes for resale. He says the extra income generated as a result of this loan will enable him to pay school fees for his two children. In the future Sindikani plans to build his own shop.

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

  • $2,000
    Average annual income
  • 5
    View loans »
    Zimbabwe Loans Fundraising
  • $3,600,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Sindikani to buy more clothing & shoes for resale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
May 6, 2013
May 17, 2013
Currency Exchange Loss:
Sep 19, 2013