Munopaishe Group needed £1315.22 for their business.
Leah Mutyatya is a hardworking woman who resides in Stonerigde, a suburb of Harare. She is 34 years old with 3 children. Leah is a single mother, thus she works very hard to provide the best for her 3 children. She has a hair salon which is located in Stoneridge and she has been running this business for more than 5 years. Her salon is located in a busy area. She also sells cosmetics like braids and weaves as a way of maximising her sales. She has one employee who helps her and she pays him on commission. Leah restocks braids and weaves from Harare and Mbare every two weeks and she wakes up as early as 5 am for work and finishes at 6 pm. She is a member of the Munopaishe Group, a name which means the Lord gives. The group has 4 members who are all hardworking. One is a cross border trader and the other two members run shops. The group works hand in hand with Thrive Microfinance with the aim of improving their businesses. Recently the group approached Thrive for their second loan of $1650. Leah will use her portion of the loan ($350) to buy more cosmetics and braids for her salon.
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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Tyne and Wear
Malcolm ( Calum ) Mackay
Nick & Jayne
Rotary Club of Stafford Castle