Dadirai started tailoring business two years ago. She started by sewing five ladies skirts. Variety was not possible since she did not have enough money for the materials. Through the ROSCAs, she managed to buy more materials and also to purchase a sewing machine. Dadirai is confident that by buying an over locking machine, her overheads can go down as she will not have to send work out. A Kiva loan can help Dadirai purchase an over locking machine.
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