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Zimbabwe Burial Society Gives $100 Payout, Offers 20% Loans

6/11/2026

50 12 Full Breakdown

Summary

Story summary

Melisa Kasu received $100 from the Kuchemana Burial Society in December and borrowed $30 to buy gas tanks and a scale.
It has 40 members who each pay $3 monthly for a $150 death payout and $10 to a savings club offering 20% loans.
Lecturer Sharon Chilunjika says burial societies fill gaps left by banks, noting funeral insurance dominates Zimbabwe while health coverage is under 10%.

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Story summary

Melisa Kasu received $100 from the Kuchemana Burial Society in December and borrowed $30 to buy gas tanks and a scale.
It has 40 members who each pay $3 monthly for a $150 death payout and $10 to a savings club offering 20% loans.
Lecturer Sharon Chilunjika says burial societies fill gaps left by banks, noting funeral insurance dominates Zimbabwe while health coverage is under 10%.