Funded

Total loan: $1,200
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Simukai Group

Zimbabwe
Masvingo, Zimbabwe / Manufacturing

A loan of $1,200 helped a member to buy wax for candle making.


Simukai Group's story

This is 55 year old Beatrice from Masvingo. She is widowed with four children (she lost her other child), three attending school. She also cares for two dependents. Beatrice runs a manufacturing business of making candles, she was once into cross border business and has since changed to candle making business because of viability in the previous activity. The business has been in operation for 1 year. She says the main challenges faced are competition and wax shortages. Beatrice has requested a loan of $400 to buy wax for candle making. She says the extra income generated as a result of this loan will allow her to pay school fees on time. In the future, Beatrice plans to shift from operating from home to an industrial site.

In this group: Beatrice, Sistina, Marutenga
*not pictured



Loan details

Loan length:

8 months
Disbursed date: November 24, 2011
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 24, 2011
Facilitated by Field Partner: MicroKing Finance