A loan of $1,200 helped a member to pay for stock.

Kumboedza Group's story

Greetings from Zimbabwe! This is Silas, the leader of Kumboedza Group. He is 69 years old and married with two children, ages 28 and 23. Neither is attending school.

He has a general dealership shop in Chipinge Branch in Zimbabwe. He has been running this business for 15 years, and sells his products to the local community. He has no other source of income. He says that the main challenge to his business is the lack of capital.

Silas requested this loan of $400 through MicroKing to boost his stock.

He says the extra income from this loan will help him have adequate stock, which will increase his sales. In future, he would like to purchase a truck for easy supply of his stock.

In this group: Silas, Edmore, Prisca

Loan details

Lenders and lending teams

Loan details