Funded

Total loan: $500
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Sibonisiwe

Zimbabwe
BULAWAYO, Zimbabwe / Clothing Sales

A loan of $500 helped to replenish stocks of clothes, footwear, and blankets, and to purchase new items for winter.


Sibonisiwe's story

Greetings from Zimbabwe! This is 34-year-old Sibonisiwe from Bulawayo. She is married, and she and her husband have four children, of whom three attend school.

Sibonisiwe runs a retail business selling footwear and clothes. The business has been in operation for 4 years. She gets most of her stuff from outside the country. She says the main challenges she faces are stiff competition when it comes to prices and also exorbitant import duty taxes.

Sibonisiwe has requested a loan of $500 to order a variety of product stock and increase her business capacity. She says the extra income generated as a result of this loan will allow her more income to buy food, and to pay rentals and fees for the children in school. In the future, Sibonisiwe plans to open more stalls around town and a clothes boutique.



Loan details

Loan length:

14 months
Disbursed date: June 7, 2013
Facilitated by Field Partner: MicroKing Finance

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 7, 2013
Facilitated by Field Partner: MicroKing Finance