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Sukoluhle
Greetings from Zimbabwe! This is 36-year-old Sukoluhle from Bulawayo. She is married with three children, two who attend school. Sukoluhle runs a manufacturing business producing bedspread covers, seat covers, curtains and children's dresses. The business has been in operation for four years. Sukoluhle says the main challenges she faces are accessibility to funding and a stable market to sell her goods. Sukoluhle has requested a loan of $500 to order more raw materials. She says the extra income generated as a result of this loan will allow her to increase her business capacity and will also enable her to pay for other household expenses. In the future Sukoluhle plans to own a clothing 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
  • 28
    View loans »
    Zimbabwe Loans Fundraising
  • $3,546,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Sukoluhle to purchase raw materials for use in her sewing business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014