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Mupopo Group
In this Group: Everjoyce , Maritah, Nullia, Rebecca
This is 33-year-old Rebecca from Mutare, the capital of Manicaland province in Zimbabwe. She is married with two children who are both attending school. She also cares for one dependent.

Rebecca runs a flea market business selling clothes from South Africa, solar panels, radios and footwear at her flea market. The business has been in operation for 16 years. She says the main challenge being faced is the change of seasons causing them to change products to deal with and to suit the market demand.

Rebecca has requested a loan of $500 to buy speakers, solar panels, suits, t-shirts and blankets. She says the extra income generated as a result of this loan will allow her to continue in her business as it always boosts her business. In the future, Rebecca plans to have more flea markets and employ more workers. She is the member of Mupopo Group.

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

  • $400
    Average annual income
  • 0
    View loans »
    Zimbabwe Loans Fundraising
  • $3,221,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A portion of Mupopo Group's $2,000 loan helped a member to buy speakers, solar panels, suits, t-shirts and blankets for resale.
71% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 25, 2014
Mar 31, 2014
Currency Exchange Loss: