Wadzanai Group

Domboshawa, Zimbabwe

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33944
33944
33944 - thumbnail
33944 - thumbnail

Wadzanai Group needed £852.11 for their business.

Amount Requested

Amount requested:

£852.11

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Retail - food

MFI Partner

MFI partner:

Microloan Foundation Zimbabwe

Winnet Musonza is 37 years old and a member of the Wadzanai group. This loan will allow her to travel to Mbare market place where there are cheaper prices for the vegetables she buys and sells so that she can increase her profit margins within a short space of time. Her husband works as a builder and a plumber but Winnet wants her vendor business to take the pressure off him as the sole earner. She has been running her business for a little while but the income it makes is small, meaning the family is reliant on Mr Musonza’s earnings. They have four children together, and her husband has a son from a previous marriage. All five are in school, meaning there is a substantial financial pressure due to all the school fees. She dreams of all her children being able to finish school and being able to renovate their home. Winnet hopes that her business will make this possible. Wadzani group is made up of five entrepreneurial women who want their businesses to enable them to build a better life for their families. With MicroLoan’s support, this dream can become a reality.

loan added: 16 April 2018

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Wadzanai Group's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £77.46 --
May 2018 £193.66 --
June 2018 £193.66 --
July 2018 £193.66 --
August 2018 £193.67 --


Lenders supporting Wadzanai Group


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