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Greetings from Zimbabwe! This is 40-year-old Angella from Harare. She is married with four children, three attending school. Angella runs a retail business where she sells cellphones, accessories, and blankets. The business has been in operation for 10 years. She says the main challenge being faced is lack of capital. Angella has requested a loan of $700 to buy more cellphones, accessories and blankets for resale. She says the extra income generated as a result of this loan will enable her to pay school fees for her children going to school. In the future Angella plans to build her 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
  • 18
    View loans »
    Zimbabwe Loans Fundraising
  • $3,748,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Angella to buy cellphones and accessories and blankets for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 17, 2013
Currency Exchange Loss:
Oct 18, 2013