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Greetings from Bulawayo, the second largest city in Zimbabwe. This is Pedzisai, who is 36 years old and married with three children, two of whom are attending school.

Pedzisai has, for 14 years, run a retail shop, selling clothing items. He has three employees to assist him. Pedzisai's main challenge has been his inability to meet customers demands due to limited working capital.

Pedzisai has requested a $750 loan to buy clothing items for resale. He says that the profits generated from the loan will help pay school fees for his children and household expenses. In the future, Pedzisai, plans on opening his own clothing boutique.

Additional Information

About MicroKing Finance

MicroKing's loans are guaranteed against institutional default (failure of MicroKing to repay Kiva lenders if the borrower repays MicroKing) by MicroKing's parent company: Kingdom Financial Holdings Limited.

More About MicroKing
This loan is administered by MicroKing Finance, Kiva’s first partner in Zimbabwe.

MicroKing’s mandate is to provide financial services integrated with advisory services and targeted training to the under-banked but rapidly growing Zimbabwean micro-enterprise sector. The intent is to mobilize the underprivileged as active agents in fighting poverty as well as to accelerate the country’s journey back to economic prosperity where Zimbabwe was once known as the “bread basket of Africa.”

Zimbabwean micro-enterprises are generally run by women and comprise a multitude of business types. Constraints on local production and manufacturing capacity have led to cross-border trading being the most common type of business.


About Zimbabwe

  • $2,000
    Average annual income
  • 11
    View loans »
    Zimbabwe Loans Fundraising
  • $3,935,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Pedzisai to by clothing items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Apr 28, 2014
Apr 30, 2014
Currency Exchange Loss:
Jan 1, 2015