Makoka Group

Mulanje, Malawi

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Makoka Group has fully repaid their loan of £977.06

Amount Requested

Amount requested:

£977.06

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Other

MFI Partner

MFI partner:

Microloan Foundation Malawi

Makoka is a group made up of fifteen women. These women run different kinds of small businesses including grocery store, restaurant, selling clothes, fish, snacks and cereals for their living. The majority of them are married with children and also care for orphans. Dorothy is a member of this group and is aged fifty-nine. She is separated with one child. She runs a restaurant business. She requires a loan in order to buy more food stuffs and pay for transport. The profits made will allow her to buy food for her family. She started the business with the aim of meeting her financial needs. She has been doing the business for ten years. Her plan is to improve her house and own a shop and secure maize for her family.

loan added: 27 September 2017

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Makoka Group's loan Repayment schedule

Date Expected repayments Actual repayments
October 2017 £88.82 £51.84
November 2017 £222.06 £227.88
December 2017 £222.06 £225.44
January 2018 £222.06 £211.82
February 2018 £222.06 £217.67


Lenders supporting Makoka Group


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