Hungry Lions Group
With her first and 2nd loan from Thrive, Tsitsi has managed to grow her business and she now sews uniforms and wedding attires. Tsitsi has also established a brand name for her business, being “Chibvaruranhamo Tailoring Shop”, translated meaning Tearing Poverty Apart Shop. Tsitsi will use the money she borrows to change from using a small sewing machine to a heavy duty one. The growth of her business has also had a positive bearing on her personal life as she has managed on her own to send her oldest child to boarding school, providing her children with quality education.
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