Button To Success Group

Zvimba, Zimbabwe

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32174
32174
32174 - thumbnail
32174 - thumbnail

Button To Success Group needed £1036.23 for their business.

Amount Requested

Amount requested:

£1036.23

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Shop

MFI Partner

MFI partner:

Thrive

The rising demand for basic food stuff in her neighborhood is the reason for the growth of Esther’s business. After getting two consecutive loans from Thrive Microfinance, Ester Chakubvoka’s business is showing good signs of growth and stability. She has now taken a third loan to boost her stock levels after Christmas. Esther is a member of the Button to Success group. She is 39 years old and lives on the farm where her husband used to work. She has been allowed to stay in this house as this is where she runs her business. Her husband is now engaged in fishing. She has got 5 children and 4 of them are going to school. With her loan she will purchase more groceries to sell from her shop. She buys her stock from wholesalers in Harare and then sells at retail from her shop. They live in Spirtzkorp, which is a new suburb and the number of residents is increasing daily but the nearest shop is also quite far away so her services are in high demand.

Please note that Zimbabwe is at present going through a severe economic recession and that there is an additional risk that some of the loans might be delayed or defaulted.  You can find more information here.

loan added: 08 January 2018

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Button To Success Group's loan Repayment schedule

Date Expected repayments Actual repayments
January 2018 £94.20 £94.20
February 2018 £157.01 £156.17
March 2018 £157.01 £154.40
April 2018 £157.01 --
May 2018 £157.01 --
June 2018 £157.01 --


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