Progress Group

Domboshawa, Zimbabwe

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34172
34172
34172 - thumbnail
34172 - thumbnail

Progress Group needed £836.62 for their business.

Amount Requested

Amount requested:

£836.62

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Trader

MFI Partner

MFI partner:

Microloan Foundation Zimbabwe

One of the members of the Progress group is Ruth Wakuhwa. She is 58 years old and the sole provider for her six dependants, who all live with her. She is looking to borrow $250 to help her grow her cross-border trading business. She buys her goods in Zimbabwe and sell them in South Africa and after selling those goods she buys cheap groceries from South Africa and sells them here in Domboshawa. This loan will enable her to meet the high demand for her goods in both South Africa and Zimbabwe. Her primary aim is providing her family with food, shelter and improved living standards. Of her six dependants, her youngest is still in school, while the other five are unemployed. Ruth would like to be able to help them find jobs so they can become financially independent.
In the Progress group there are five women, two of whom run businesses rearing chickens and three of whom run cross-border trading enterprises. With MicroLoan’s support, the Progress group want to be able to grow their businesses so they can increase their income and provide for their families

loan added: 16 April 2018

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Progress Group's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £76.06 --
May 2018 £190.14 --
June 2018 £190.14 --
July 2018 £190.14 --
August 2018 £190.14 --


Lenders supporting Progress Group


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