Funded

Total loan: $4,600
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Progressive Group

Zimbabwe
Masvingo, Zimbabwe / Clothing Sales

A loan of $4,600 helped a member to buy clothes and shoes for resale.


Progressive Group's story

Tawanda is a 35-year-old married man from Masvingo, Zimbabwe, who has two children, aged seven and three years. One of his children goes to a local primary school. He has three other dependents, including his sister's child and younger brother, who stay with him.

Tawanda operates a flea market stall in town and he buys his products from South Africa. He has been in this business for seven years and he has one employee working for him. He has requested a loan of $600 to buy more clothes for resale. With the income generated from this loan, Tawanda will be able to provide for a better future for his children. He faces the challenge of high competition in the market, but he is however planning to open his own boutique in town in the next five years.

In this group: Tawanda, Kaisa, Elisha, Peter, Eunice, Euna, Mercy, Edzai, Douglas
*not pictured



Loan details

Loan length:

8 months
Disbursed date: March 15, 2012
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 15, 2012
Facilitated by Field Partner: MicroKing Finance