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Tamutswa Group
In this Group: Angeline, Margret, Martha
Greetings from Zimbabwe! This is 52-years-old Angeline from Harare. She is married with 5 children and only one is attending school. She does not look after any other dependents. Angeline is into manufacturing of footballs. The business has been in operation for 4 years. She says the main challenges faced are lack of adequate working capital and power shortages due to load shedding by the electricity supplier.

Angeline has requested a loan of $750 to buy material for balls manufacturing and to be able to meet the demand. She says the extra income generated as a result of this loan will allow her to increase the family's cash flow and quality of life. In the future Angeline plans to open a retail shop in town for selling the balls that she produces.

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
  • 4
    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 Tamutswa Group's $1,800 loan helped a member to purchase football material.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 5, 2013
Jul 3, 2013
Currency Exchange Loss:
Jan 19, 2014