A loan of $2,200 helped a member to buy materials, clothing and vegetables.


Matuka Group's story

Simeon is 45 years old and stays in Masvingo. He is married with four children aged 24, 21, 16, and 12. All of his children go to school. His wife has her own flea market stand. They do not have other dependents living with them.

He has been operating his flea market stand at the Garikai Flea Market for the past eight years. He buys some of his products locally as well as from Harare. He and his wife work at the flea market. The challenge they face in their business is of exchange rates which always fluctuate. There is a lot of competition at the market. Simeon has applied for US$200 to buy materials, clothing and vegetables for sale at his stall.

He hopes to provide a better life for his family from the profits. In the next five years, he is planning to have his own shop in town.

In this group: Simeon, Netsai, Epiphania, Eunice, Sofia, Svodai, Mektilda, Temba, Manasa



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Loan details