Nsangowa

Chikwawa, Malawi

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Nsangowa has fully repaid their loan of £1272.17

Amount Requested

Amount requested:

£1272.17

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Retail - food

MFI Partner

MFI partner:

Microloan Foundation Malawi

Nsangowa group has 20 members and all married women who have children. Their business are selling fish, snacks, vegetables, groceries and maize to earn a living and provide for their families. They require the loan to buy more products for their businesses.  Regina Devison is aged 47, she is married and her husband is a business man. she has four children who rely upon her. Regina sells cereals. The money will used to buy beans and groundnuts for resell. She will use the profits from her sales to feed her family. She started the business so that she may be able to support her family. She has been running the business for ten years. Her future goal is to construct a shop where she will be selling a wider variety of cereals. She also desires to build a good house roofed with iron sheets.

loan added: 11 March 2018

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Nsangowa's loan Repayment schedule

Date Expected repayments Actual repayments
March 2018 £115.65 £115.65
April 2018 £289.13 £290.31
May 2018 £289.13 £302.00
June 2018 £289.13 £304.12
July 2018 £289.13 £305.08


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