Their group is full of potential with members having a lot of energy for their respective businesses. Their loan requirement is $2,100. This amount will take them a long way as it will improve and grow their businesses. The loan will not only have an impact on business, it also positively influences their households as they complement their personal lives. The women view these loans as a chance to attain financial security and sustainability. Maggret requires $500 to increase her working capital to increase the number of birds she rears per batch.
About THRIVE:THRIVE Microfinance is a for-profit microfinance institution in Zimbabwe that was founded in 2012 by former Kiva Fellow Henry Bartram. The organization provides productive business loans that utilize the group lending methodology, lends only to women, and provides auxiliary training before and after loans.
The organization currently supports approximately 25 groups of women, with $190,000 outstanding. With Kiva’s support, THRIVE will strive to reach their goal of $350,000 by the end of 2014.
This is a Group Loan
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Success!! The loan was 100% repaid