A loan of $1,600 helped a member to buy suits for both men and women.

1131480038 Group's story

Alice is 42, married, and has four children aged 20, 17, 15 and 12. Three of her children are still of school-going age. Alice lives in Mvuma and her husband is employed by a local forestry company. She operates a business from a flea market in Mvuma where she sells clothing and formal shoes for both men and women. The clothing she sells includes men’s suits, women's suits, t-shirts, dresses, jeans, and blankets. She also receives rent of $25 every month from her tenant, which helps her supplement her income.
Alice used the loan she was granted to purchase suits for both men and women. The main challenge she faces in her business is that of high competition, high import duties at the border post, and high transport costs because she buys her products from South Africa. Alice is looking forward to operating her own shop in the next five years. She will then be in a position to pay school fees for her children and buy a residential stand.

In this group: Alice, Ottilia, Belief, Ruvimbo

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Loan details