100%

funded

Total loan: $1,850

Shumba Group

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Harare, Harare Province, Zimbabwe / Services

Shumba Group's loan finished fundraising,
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A loan helped to buy fabric and other sewing material so that she can make sheets, bed covers, and sofa covers.


Shumba Group's story

Fatigue is one word which does not exist in Yeukai’s vocabulary. Yeukai is a 48-year-old, widowed woman with two children who are in school.

She is a tailor and a cross-border trader. She specializes in sewing sheets, bed covers, and sofa covers. Usually she travels to Mozambique twice every month to sell her stuff.

Every month she spends 10 to 12 days on her sewing machine putting these items together, six days traveling to and from Mozambique, and about 10 days, she spends walking up and down the streets of Quelimane in a bid to sell her products and collect cash from her debtors in Mozambique.

She sometimes gets help from her daughter, who is studying at a local university, during her holidays. She has been managing to send her children to school without anyone assisting her and has not used the excuse of being a widow to get help from anyone.

Her main challenge has been liquidity because of late repayments from her debtors. This renders her unable to secure more material to make more products for sale. She then realized she needs a capital injection to raise her working capital so that she does not run out of stock anymore. She has approached Thrive Microfinance with four other women as the Shumba (Shona for "lion") Group, requesting a combined loan of $1,850 to help unchain themselves from the yoke of poverty.

With her portion of the loan, Yeukai will buy fabric and other sewing material so that she makes her trips to Mozambique more profitable.