Railways Group

Blantyre, Malawi

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34312 - thumbnail
34312 - thumbnail

Railways Group needed £2102.48 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 Railways group is made up of 23 members. All the members are women from Werela in Blantyre. 19 of them are married and 4 are divorced. Between them, the women have 78 dependents among them. They run small businesses to support their families.
Fanny is a member of the group and she is 27 years old. She is married and her husband is a businessman. She sells fish at a local market and intends to order more fish using her portion of the loan. The proceeds will help her family to buy their basic needs and pay the rent on the house they live in. Fanny started the business in order to be financially self-reliant. She has been running the business for 2 years. Her goals are to buy land and open a shop in the main market.

loan added: 12 April 2018

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Railways Group's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £191.13 £141.58
May 2018 £477.84 £509.95
June 2018 £477.84 £513.53
July 2018 £477.84 --
August 2018 £477.83 --

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