Funded

Total loan: $2,400
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Mbizi Group

Zimbabwe
Masvingo, Zimbabwe / Clothing Sales

A loan of $2,400 helped a member to buy clothes to sell.


Mbizi Group's story

This is Hazvinei, a 35-year-old married lady from Masvingo, Zimbabwe. She has 2 children, aged 14 and 9 years, both of whom are still in school. She does not have any other dependents staying with her.

She has been in the business of buying and selling clothes imported from Botswana for two years. She operates from her home and has 1 employee. Hazvinei has requested a loan of $400 to buy additional clothes for resale. She has been a MicroKing borrower for quite some time, and her payment record is clean. The challenge she faces in the business is the lower quality of clothes she is getting from Botswana. Because these items are not competitive, she needs to begin to import clothing from Tanzania. With the income from this loan, Hazvinei will be able provide for her family's needs, supplementing her husband's salary. She has plans to open a shop in the central business district of Masvingo.

In this group: Hazvinei, Nyarai, Maves, Agnes, Kanjanga, Tamary
*not pictured



Loan details

Loan length:

8 months
Disbursed date: December 1, 2011
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: December 1, 2011
Facilitated by Field Partner: MicroKing Finance