Check out some available loans that are similar to this one!
Lambano Women Group
In this Group: Priscilla, Pepetual, Elizabeth, Martha, Oppah
Greetings from Zimbabwe!!! This is 34-year-old Priscilla from Gweru, the married mother of an 11-year-old who is in school. Her husband is a music promoter.

Priscilla has been running a poultry business for two years, selling chickens in Gweru. She says her challenges are cash shortages due to late payments and the high mortality rates of chicks.

Priscilla has applied for a loan of USD400 to buy chicks and chicken feed and to build a dressing room. The extra income arsing from the loan will enhance her family's living standard and facilitate business growth. In the future, she plans to build bigger and more fowl runs to increase her sales of chicks and chickens.

Additional Information

About MicroKing Finance

MicroKing's loans are guaranteed against institutional default (failure of MicroKing to repay Kiva lenders if the borrower repays MicroKing) by MicroKing's parent company: Kingdom Financial Holdings Limited.

More About MicroKing
This loan is administered by MicroKing Finance, Kiva’s first partner in Zimbabwe.

MicroKing’s mandate is to provide financial services integrated with advisory services and targeted training to the under-banked but rapidly growing Zimbabwean micro-enterprise sector. The intent is to mobilize the underprivileged as active agents in fighting poverty as well as to accelerate the country’s journey back to economic prosperity where Zimbabwe was once known as the “bread basket of Africa.”

Zimbabwean micro-enterprises are generally run by women and comprise a multitude of business types. Constraints on local production and manufacturing capacity have led to cross-border trading being the most common type of business.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Zimbabwe

  • $2,000
    Average annual income
  • 4
    View loans »
    Zimbabwe Loans Fundraising
  • $4,195,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Lambano Women Group's $2,000 loan helped a member to buy chicks and chicken feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 23, 2011
Sep 26, 2011
Currency Exchange Loss:
Apr 25, 2012