A loan of $1,500 helped a member to purchase knitting materials and livestock feed.

Lion Group's story

Shumirai is 42 years old. She is married and resides in Masvingo, Zimbabwe with her four children aged 19, 16, 10 and seven years who are all attending school. In addition, Shumirai takes care of her sister's child. Her husband is employed as a teacher.

Shumirai is involved in a variety of business activities. Her core business is knitting sweaters, but she also works in the poultry business, the cross-border trading business and the manufacturing of peanut butter. Shumirai has been in business for 20 years and employs three workers.

She is requesting a loan of $300 to buy knitting materials and livestock feed. She will combine any unspent funds from this loan with her own resources to expand her ventures. The two main challenges she faces in all of these business ventures are the shortage of electricity and competition. With the additional income generated from this loan, Shumirai will be able put enough good food on the table for her family and send her children to school. In the next five years, she plans to start a food processing company.

In this group: Francisca, Ngoni, Rhoda, Prosper, Shumirai

Loan details

Lenders and lending teams

Loan details