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Sep 29, 2016 4:34 EST

Zimbabwe: Tagarika Group – A loan of $1,050 helps a member she will buy a peanut butter making machine and ground nuts so that she can increase her sales.

iCrowdNewswire - Sep 29, 2016

Tagarika Group

Zimbabwe
 
Chitungwiza, Zimbabwe / Food Production/Sales
 
Borrower image
 

Tagarika Group’s story

Takesure started the business of making peanut butter five years ago; her major challenge was that she could not afford to pay for a peanut butter machine. Takesure is 47 years old and married to a builder and is the mother of 2 children. Takesure and her group members all live in Chihota.

Takesure got a loan amount of $250 and she will buy a peanut butter making machine and ground nuts so that she can increase her sales. The total loan amount for the whole group is $1050. The members of Tagarika attended all the training sessions and expressed much eagerness in learning.

In this group: Cathreni, Takesure, Janet, Flora
*not pictured 

This loan is special because:

It helps women access affordable funding with targeted business training. 

Rachel Lewis
Kiva staff 

More about this loan 

About Thrive Microfinance:

THRIVE Microfinance is a for-profit microfinance institution in Zimbabwe that was founded in 2012 by former Kiva Fellow Henry Bartram. The organization provides productive business loans that utilize the group lending methodology, lends only to women, and provides auxiliary training before and after loans. Thrive is a small organisation with limited funds for fundraising. With your help, they have just passed a significant milestone of training and lending to 5,000 small business women in Zimbabwe. You can find out more at www.facebook.com/Thrive-Microfinance-770561583002103/

A loan of $1,050 helps a member she will buy a peanut butter making machine and ground nuts so that she can increase her sales.

Contact Information:

Tagarika Group

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