Way Forward Group

Harare, Zimbabwe

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35251
35251
35251 - thumbnail
35251 - thumbnail

Way Forward Group needed £833.33 for their business.

Amount Requested

Amount requested:

£833.33

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Food Production

MFI Partner

MFI partner:

Thrive

Way Forward Group members are currently at their 9th loan cycle at Thrive, Way forward group has managed to pass through difficulties in business that turned to become lessons learnt for business growth.

Rebecca, the group leader testifies how running a diversity of enterprises can reduce risk and improve income for her family. She is currently rearing broiler chickens, manufacturing floor cleaning liquids, selling pre-owned goods from auctions as well as cross border trading. In addition to this, she has two employees whom she works with at the car park she owned since end of 2016 in her neighbourhood.

Rebecca is 54 years old. She stays with two dependants from her extended family. Most of Rebecca’s profits are for meeting her family needs. The group requested a loan.  Rebecca will divide her part of the loan in two, one part of the loan she will use for buying and selling maize and the other part to expand her poultry business.

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: 11 July 2018

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Way Forward Group's loan Repayment schedule

Date Expected repayments Actual repayments
July 2018 £75.76 --
August 2018 £189.40 --
September 2018 £189.40 --
October 2018 £189.40 --
November 2018 £189.38 --


Lenders supporting Way Forward Group


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