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Total loan: $1,200
Chitungwiza, Mashonaland East Province, Zimbabwe / Manufacturing
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Masibanda Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped restock more metal sheets to make pots and dishes for sale.
Masibanda Group's story
Slow but sure often works in business–so says Tabeth, a dedicated mother of six who is 44 years old. She was born and grew up in Unit E in Seke, where she did her primary and secondary education. Tabeth started selling metal pots and dishes when she was young. Up to now, she has been doing this business, and it sustained her family even when her husband passed away in 2008. She restocks metal sheets, which her sons use to make pots and dishes for her. Tabeth travels to rural homes, mines, and resettlements where she mainly sells her products, which usually have a two-month payment plan. She managed to send her children to school with income from this business, and now she is left with two school-going children. However, her business went a bit low-end last year due to exam fees and other household expenses. She formed a group of four, Masibanda Group. The group is composed of three serious business women who value their businesses more than anything else. They benefited from their training, especially in how essential it is to keep records. With a loan of $300, Tabeth is planning to restock more metal sheets to boost her metal products.