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Thubelihle
Greetings from Zimbabwe! This is 34-year-old Thubelihle from Gokwe. She is married with three children, two attending school. Thubelihle runs a retail business selling grocery items like sugar, flour, rice, cooking oil and clothing. The business has been in operation for five years. She says the main challenge faced is of failure to access cheap loans at affordable rates.

Thubelihle has requested a loan of $750 to buy grocery items like sugar, flour rice and cooking oil. She says the extra income generated as a result of this loan will allow her to increase income, hence better living conditions.

In the future, Thubelihle plans to be owning more her own premises since she is currently renting.

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.

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About Zimbabwe

  • $400
    Average annual income
  • 1
    View loans »
    Zimbabwe Loans Fundraising
  • $3,221,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD