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Blessed Group
In this Group: Jeshua, Takunda, Josphat, Ntombizodwa, Musara*, Martha, Lemson, Edson, Tsungai, Zackson
* not pictured
Jeshua is a 41-year-old man who is married with two children, ages 17 and 10. Both children are going to school. His wife works at a hospital as a nurse. He also takes care of his mother who is in a rural area.

Jeshua sells cosmetics at the flea market, which is in town. He purchases his goods from South Africa. He has been in this business for four years now. He has two employees at the flea market. He faces a challenge of debtors not paying him back in time. It also takes a long time to travel to and from South Africa to purchase goods.

He has applied for a loan to buy cosmetics for sale. In the next five years, he sees himself owning a beauty therapy shop with qualified staff. With the profit from the business, he will be able to take his children to a better school as well as buy another housing stand to build a house for his family.

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
  • 11
    View loans »
    Zimbabwe Loans Fundraising
  • $3,940,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Blessed Group's $2,600 loan helped a member to buy cosmetics for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 17, 2011
Nov 8, 2011
Currency Exchange Loss:
May 31, 2012