Total loan: $2,000

Mukuru Group

Harare, Harare Province, Zimbabwe / Agriculture

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A loan helped to stock more chickens for resale.

Mukuru Group's story

Agnes is an exceptional poultry farmer. She has had a very fruitful relationship with Thrive Microfinance. After being given a first loan of US$350. she increased her poultry stocks, which in turn increased her revenues and profits. From these increases she has managed to pay off her children’s school fees without much difficulty.

The 33-year-old business woman is a widow and mother of two. She is part of the Mukuru group, along with three other friends who run canteen businesses. The women complement each other with the canteen owners at times buying chickens from Agnes. These women are hard working.

Agnes is looking forward to expanding her poultry business and will use her portion of the loan to stock more chickens for resale. She firmly believes this will help her grow her budding venture through increasing her customer base, which in turn will increase her sales and profits.

The Mukuru group hopes to keep on having a mutually beneficial relationship with Thrive Microfinance as the years go by. They are also happy with the financial training that they have been receiving from Thrive, which has helped them to appreciate the concepts of budgeting and marketing.