Tionge Group

Kafue, Zambia, Zambia

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34594
34594
34594 - thumbnail
34594 - thumbnail

Tionge Group needed £2110.37 for their business.

Amount Requested

Amount requested:

£2110.37

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Retail - food

MFI Partner

MFI partner:

Microloan Foundation Zambia

This loan is for a group called the Tionge women’s group, which has 18 members, who range in age from 25 to 68. The group is based in Kafue district of Eastern Zambia. All of the women are married and have children who are in school. They started their businesses for different reasons but mostly to reduce poverty levels within their families and to be financially independent. The group has already received and repaid two short-term loans. One of the members of the group is called Ireen Mukoga. She is married and has four children who are all in school. She runs a market stall selling mealie meal. Mealie meal is made from maize corn and is used to make nsima the staple food for Zambia. She buys the maize from villages closr to her community and takes this to the millers to have it processed. She has had this business for the past eight years and she is happy with the profits that she so far has been able to generate. Ireen will use her part of the loan to buy more maize and pay the millers.

loan added: 05 May 2018

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Tionge Group's loan Repayment schedule

Date Expected repayments Actual repayments
May 2018 £191.85 --
June 2018 £319.75 --
July 2018 £319.75 --
August 2018 £319.75 --
September 2018 £319.75 --
October 2018 £319.75 --


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