100%

funded

Total loan: $1,500

Master Group

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Bindura, Mashonaland Central Province, Zimbabwe / Clothing

Master Group's loan finished fundraising,
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A loan helped to restock new clothes.


Master Group's story

Agness is a 32-year-old mother of two children, one school going. Her husband is a self-employed builder. She resides in a village in Bindura.

Agness is in the business of selling secondhand clothes, and she has been in this business for three years now. She sells these clothes at her home and through door-to-door selling. She restocks in Harare, usually once every week. She has been able to flex her payment terms to her clients, and she accepts any form of payment, from cash to electronic money. Sometimes she practices barter trade: sometimes she exchanges her clothes for maize, which she resells.

To increase her capital, Agness and her other three friends formed a group called Master and came to Thrive Microfinance to apply for a loan. They got a combined loan, and Agness used her share to restock new clothes to diversify her business in order to maximize sales during the this festive season. She is currently working on securing a flea market table to occupy next year.