Promise Group

Lilongwe, Malawi

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33289 - thumbnail
33289 - thumbnail

Promise Group needed £1476.69 for their business.

Amount Requested

Amount requested:


Repayment term

Repayment term:

4 Months

Activity type

Activity type:


MFI Partner

MFI partner:

Microloan Foundation Malawi

The Promise group is comprised of 18 members. The majority are married women with children. They run various small-scale businesses including farming, restaurants, grocery stalls and market stalls selling fish, snacks, clothes and vegetables. They require the loan to invest in their businesses. Misozi, a member of this group is 47 years old. She is married with 4 children. Her husband works as a teacher. She runs a hardware shop and now requires the loan to buy more hardware stock. She started the business with the aim of earning a living and supporting her family and has been running her business for 15 years now. Misozi plans to run a maize milling business and purchase a piece of land in the future.

loan added: 03 March 2018

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Promise Group's loan Repayment schedule

Date Expected repayments Actual repayments
March 2018 £134.24 --
April 2018 £335.61 --
May 2018 £335.61 --
June 2018 £335.61 --
July 2018 £335.62 --

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