A loan of $2,000 helped a member to buy groundnuts from communal farmers in Mvuma.

Nyash Group's story

Philomina is a hardworking woman aged 39. She is married with five children aged 19, 15, 10 and twins aged 7. They all attend school. She also takes responsibility for one further dependent.

Philomina makes peanut butter and has one peanut butter-making machine. Currently, she has no employees. She has been in business for the past two years now. Philomina is requesting for a loan from Microking Finance to purchase nuts from the communal farmers in Mvuma to make peanut butter for sale. The main challenge is that groundnuts are very expensive and seasonal. Also there is an increasing number of people who are making peanut butter. She sees herself with five peanut butter-making machines, employees and also having her own grinding mill for maize in the next five years.

This loan should enable her to pay fees for her children and improve their standard of living.

In this group: Philomina, Faith, Shingirai, Pauline, Tabeth

Loan details

Lenders and lending teams

Loan details