Funded

Total loan: $3,600
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Muchakata Group

Zimbabwe
Masvingo, Zimbabwe / Food Market

A loan of $3,600 helped a member to buy sugar beans and dried fish for resale.


Muchakata Group's story

Greetings from Zimbabwe! This is 31-year-old Lovemore from Masvingo. He is married with one child who attends school. Lovemore runs a retail business selling sugar beans, dried fish and soya meat. The business has been in operation for 10 years. He says the main challenge he faces is high transport costs. Lovemore has requested a loan of $400 to buy sugar beans, dried fish and soya mincemeat. He says the extra income generated as a result of this loan will allow him to be able to take care of his family. In the future, Lovemore plans to own a shop in Masvingo Central Business District.

In this group: Lovemore, Gracious, Isabel, Letiwe, Elizabeth, Margie, Happyness, Apefaniya, Betty
*not pictured



Loan details

Loan length:

8 months
Disbursed date: April 26, 2012
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 26, 2012
Facilitated by Field Partner: MicroKing Finance