Luyando A Group

Livingstone, Zambia, Zambia

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Luyando A Group
Luyando A Group
Luyando A Group
Luyando A Group

Luyando A Group needs just £582.78 to complete their loan



Amount Requested

Amount requested:

£1857.78

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Fishmonger

MFI Partner

MFI partner:

Microloan Foundation Zambia

This loan is for a group named the Luyando A women’s group of Livingstone, which has 14 members aged between 28 and 61. Most of these women are married and some are widowed. Between them, they have 75 children in school and also care for 13 orphans. They started their businesses for different reasons but mostly to reduce the poverty levels within their families and to be financially independent. The group is applying for its first loan after successfully being trained in business management skills by Lendwithcare’s microfinance partner, The Microloan Foundation.
Estella Siampongo, 43 years old, is a member of this group. She is married and has five children who are in school. She runs a market stall selling different types of dried ‘kapenta’ (small fish). She has been doing this business at the busy market of her community for over fifteen years now. She is requesting this loan to order more bags of ‘kapenta’ to meet the demand from her customers. Estella will use part of her profits to send her children to school and she has hopes to be able to build a small grocery stall where she will work from. She is also saving to buy a plot of land where she can build a family house. As a woman she is grateful and happy for the loans she has accessed as it has helped her look after her children and has been able to support herself.

Loan added: 10 May 2018

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Luyando A Group's loan repayment schedule

Date Expected repayments Actual repayments
June 2018 £168.89 Available 01/06/18
July 2018 £281.48 Available 01/07/18
August 2018 £281.48 Available 01/08/18
September 2018 £281.48 Available 01/09/18
October 2018 £281.48 Available 01/10/18
November 2018 £281.48 Available 01/11/18


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