100%

funded

Total loan: $1,150

Simbamaoko Group

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Harare, Harare Province, Zimbabwe / Food

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A loan helped to restock her products in bulk such that she won’t run out of fruits and vegetables.


Simbamaoko Group's story

At the break of dawn, Jane dashes out of bed and without wasting much time she has the baskets she uses to carry her products in her hands. She gets out of the house immediately and disappears into the thin morning mist, heading straight for the bus stop. She goes through the same routine daily. The major reason why she subjects herself to such a process is to satisfy her clients by supplying very fresh fruits and vegetable produce from the market.

Jane is 34 years old, married and has 3 children, all school-going. She is a member of a group called Simbamaoko (loosely translated meaning Strength Is in Our Hands). They gave themselves such a meaningful name after realizing that it is in their hands where the power of success lies. The group consists of 4 members who reside in the same area. It is a team that cherishes the gift of hands, and they ensure that hands are effectively used in order to climb the ladder out of the abject dust of poverty.

Jane restocks very fresh farm produce from a popular market place known as Mbare market. The place is a hub of activities as farmers from different regions throng the area to sell their fresh produce. Jane usually restocks tomatoes, bananas, peaches, apples, carrots, cabbages and spinach. She places the products neatly in her 2 baskets and she resells the products in her place of residence in Granary Snake Park. Customers swarm Jane’s market stall as soon as she sets up her table because her products are always fresh from the garden and the fruits will be juicy and succulent. She usually runs out of stock because she restocks her products in small quantities. She is constrained by lack of capital.

Jane applied for a loan of $250. With this loan Jane intends to restock her products in bulk such that she won’t run out of fruits and vegetables. Hence, the result is no sales lost and more profits for Jane. She also intends to add some additional fruits and vegetables such as strawberries, green peas, cucumbers and green peppers, among others, in order to satisfy other clients’ taste buds.