Makanga Group

Chikwawa, Malawi

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30963
30963
30963 - thumbnail
30963 - thumbnail

Makanga Group needed £865.94 for their business.

Amount Requested

Amount requested:

£865.94

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Retail - clothing

MFI Partner

MFI partner:

Microloan Foundation Malawi

Makanga group is composed of 13 women who are of different ages. All are married except for 1 who is divorced and another who is widowed. They have children who rely upon them and most of these children attend school. These women run small scale businesses such as stalls selling fish, snacks and vegetables. They require the loan to invest in their businesses. Patricia is 30 years old. She is married with 3 children. Her husband does not work. She sells clothes and snacks. She requires the money to buy more clothes. She will use the profits from her sales to pay school fees for her children. She has been running the business for 15 years and her plans for the future are to open a general shop in her township and to build a good house for her family.

loan added: 13 November 2017

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Makanga Group's loan Repayment schedule

Date Expected repayments Actual repayments
November 2017 £78.72 --
December 2017 £196.81 --
January 2018 £196.81 --
February 2018 £196.81 --
March 2018 £196.79 --


Lenders supporting Makanga Group


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