Charakupa

100%
Charakupa's loan has been defaulted.

Amount requested:

£1,535.35

Repayment term:

6 months

Activity type:

Retail – grocery and general household items

Partner:

Thrive

Efina is an energetic woman who is 75 years old. She is a widow blessed with 5 chidren. Efina lives with her 4 grandchildren who are going to school with their parents pay their school fees. Efina formed Charakupa group with her friend Rena who rears poultry.

Efina runs a grocery shop in her village. She now has 15 years in this business. Efina has managed to run her grocery business effectively, adjusting rapidly to the ever changing business environment in Zimbabwe. Charakupa group applied for their fourth loan from Thrive Microfinance from which Efina will use her share to buy more grocery items for tuckshop. Her partner Rena will invest her share in 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: 26 April 2019

Charakupa's loan repayment schedule

Date Expected repayments Actual repayments
£139.58
£133.78
£232.63
£0.00
£232.63
£0.00
£232.63
£0.00
£232.63
£0.00

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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