Funded

Total loan: $1,900
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Prayer Group

Zimbabwe
Mutare, Zimbabwe / Clothing Sales

A loan of $1,900 helped a member buy stocks of clothes for resale.


Prayer Group's story

This is 57-year-old Ethel from Mutare. She is married with three children. She also cares for two dependents. Ethel runs a retail business selling clothes. The business has been in operation for 10 years. She says the main challenge faced is in credit sales as debtors sometimes fail to pay on time. Ethel has requested a loan of 500 USD to buy more stocks of clothes for resale. She says the extra income generated as a result of this loan will allow her in the upkeep of the family. In the future, Ethel plans to grow the business to large scale.

In this group: Ethel, Mercy L, Margaret, Doreen
*not pictured



Loan details

Loan length:

11 months
Disbursed date: January 29, 2013
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: January 29, 2013
Facilitated by Field Partner: MicroKing Finance