Precious has also managed to complement her husband in their family income and has bought a residential stand that they are currently building and developing. Precious is planning to restock in bulk with her loan and fully restock her shop so that she can cater to her clients as she has a high demand for her groceries. Precious also aspires to further grow her business and become a big wholesaler, creating new jobs in her community in the process.
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