100%

funded

Total loan: $1,900

Nugget Group

Flag of Zimbabwe
Harare, Harare Province, Zimbabwe / Retail

Nugget Group's loan finished fundraising,
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A loan helped to restock her stationery business.


Nugget Group's story

Among the things which can make an entrepreneur successful, there is flexibility. This is especially important in Zimbabwe where economic conditions change frequently.

This is a story about a woman called Tabeth. After stock for her business was no longer easily accessible, she switched to another trade.

Tabeth is staying at her house in the suburb of Kuwadzana in Harare, Zimbabwe together with her family. She is 53 years old. She is married to a self-employed carpenter. She has got 3 children and 2 of them are going to school. She is doing the business of manufacturing and selling stationery. Together with her neighbors Laina and Nomatter, they formed a group which they called Nugget.

She had been doing poultry business for a number of years until last year where the chicks were scarce all over the country. She discovered she would no longer make any money from that business and then decided to invest in stationery business in which she supplies meter rulers and dusters especially to schools. She also crosses to South Africa where she restocks boards and other stock for her business.

Tabeth used her portion of the loan to restock her stationery business.