Chinhengo Group

100%
Chinhengo Group have fully repaid their loan of £1,091.60.

Amount requested:

£1,091.60

Repayment term:

6 months

Activity type:

Retail – grocery and general household items

Partner:

Thrive

Loan description:

Mercy Bokosha is a 51 year old, she stay with her family in the rural area of Damvuri in Chegutu. She is married and her husband has retired. They have 6 adult children. After the retirement of her husband, her grocery shop became their main source of income. Her business is located at their shopping center. She restocks her products from wholesalers in Kadoma. She has been doing this business for 5 years. To help her business to continue to grow, she applied for a loan from Thrive with her friends. As a group they want a total loan of $1300. Mercy will use her share of $400 to restock more groceries and increase the variety of her products.

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: 2 August 2018

Chinhengo Group's loan repayment schedule

Date Expected repayments Actual repayments
£99.24
£84.91
£165.40
£165.40
£165.40
£165.40
£165.40
£165.40
£165.40
£165.40
£165.40
£165.40
£165.37
£164.56

The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.

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