Patismedina Group

Harare, Zimbabwe

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32806
32806
32806 - thumbnail
32806 - thumbnail

Patismedina Group needed £2478.87 for their business.

Amount Requested

Amount requested:

£2478.87

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Animal & Poultry Raising

MFI Partner

MFI partner:

Thrive

The life of being an entrepreneur is all about making decisions, making plans and executing them. Judith Chenyika, is always looking for ways to expand her business. She runs a poultry business, rearing broilers. Prior to her last loan she was only limited to rearing broilers at her backyard in Budiriro. Her plan was to expand her production to her rural home which she managed to do. She is now producing poultry from both her urban home and rural. With the aid of a loan from Thrive Microfinance she was able to construct low cost fowl runs at her rural home and now she is rearing batches of up to 500 birds. She is proud of the progress she has made so far. She is a married lady of 52 years of age and she has 7 dependants, which includes in-laws from both sides. Her business pays for her children’s school fees and contributes towards the upkeep of her family. She is a member of the Patismedina group, a group which is based in Budiriro a high density suburb in Harare. The group consists of 3 members who are business enthusiasts. The group obtained a loan of $3200 with Judith’s share of $1500 which she will use to buy more feed and more chicks for her poultry project.

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 February 2018

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Patismedina Group's loan Repayment schedule

Date Expected repayments Actual repayments
February 2018 £225.35 £172.40
March 2018 £375.59 £380.05
April 2018 £375.59 £388.05
May 2018 £375.59 --
June 2018 £375.59 --
July 2018 £375.59 --


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