Chawama Group

Katete, Zambia, Zambia

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Chawama Group needed £2415.15 for their business.

Amount Requested

Amount requested:

£2415.15

Repayment term

Repayment term:

8 Months

Activity type

Activity type:

Retail - general household items

MFI Partner

MFI partner:

Microloan Foundation Zambia

This is a group loan to the Chawama women, who are based in the Katete district of Eastern Zambia. The group has 15 members aged between 25 and 60. Most of these women are married, some are single and others are divorced. They have children who go to school. These women also look after orphans who go to school too. They run small-scale businesses like market and grocery stalls. They started their businesses for different reasons. Most of them want to be financially independent and to be able to provide for their families. They have successfully repaid their third loan and are now ready for their fourth loan.
Estella Lungu, 54 years old, is a member of this group. She is widowed and has five children who go to school. She runs a small grocery stall selling bathing soap, washing soap, cooking oil and candles. She is asking for her share of this loan to top up her business capital and order stock for her stall. She believes she will make more profits after these orders and that her business will grow and make more profits. From the profits she hopes to be able to establish her business and build a stall where she can operate from. Currently her family helps with the day to day running of the business.

loan added: 02 May 2018

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Chawama Group's loan Repayment schedule

Date Expected repayments Actual repayments
May 2018 £219.56 --
June 2018 £274.45 --
July 2018 £274.45 --
August 2018 £274.45 --
September 2018 £274.45 --
October 2018 £274.45 --


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