Funded

Total loan: $2,000
Powered by 51 lenders

The Third Group

Zimbabwe
Gweru, Zimbabwe / Clothing Sales

A loan of $2,000 helped a member to buy blankets, shoes, and clothing.


The Third Group's story

Jane is a 50-year-old widow. She has five children, four of whom have left home. She is now left with one dependent, aged 15, who is going to school and Jane is the one who has the sole responsibility for the school fees and the upkeep of the child.

Jane is a cross-border retailer who specializes in buying blankets, shoes, and clothing, and she wants to boost her business. She wants to use some of the funds to pay for high import duty fees which were recently imposed. The loan will enable her to improve their standard of living and to have more disposable income. In the future, she is intending to have her own shop and take on some staff.

In this group: Jane Beauty, Douglas, Maria Tendai, Edwick, Ndambiche
*not pictured



Loan details

Loan length:

17 months
Repayment schedule: Irregularly
Disbursed date: September 22, 2011
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

17 months
Repayment schedule: Irregularly
Disbursed date: September 22, 2011
Facilitated by Field Partner: MicroKing Finance