Funded

Total loan: $3,200
Powered by 101 lenders

Komborero Group

Zimbabwe
Masvingo, Zimbabwe / Clothing Sales

A loan of $3,200 helped a member to buy clothes and shoes resale.


Komborero Group's story

Ledwin is a 42-year-old lady who is married with three children aged 22, 15, and 10 years. Two of the children are still at school. She also has three other dependents, her brother's children, with whom she stays.

Ledwin is into a business of buying and selling clothing items, including ladies' wear and shoes. She buys her goods from South Africa. She has been in business for 5 years, and she has two permanent employees. She has requested a loan of $400 to buy more clothes for resale as well as to pay for bus fare. Ledwin says the main challenges she faces in the business are high transportation costs, competition in the market, and unpredictable currency exchange rates. In the next 5 years she is planning to regularize her business venture as well as to move into the central business district of Masvingo, which will enable her to increase and diversify her range of products. With the income generated from this loan, her disposable income will increase and she will be able to financially manage her family well.

In this group: Mavis, Ledwin, Tendai, Felicitas, Magret, Esther, Charity, Chipiwa
*not pictured



Loan details

Loan length:

8 months
Disbursed date: November 23, 2011
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 23, 2011
Facilitated by Field Partner: MicroKing Finance