Comfort Group

Choma, Zambia, Zambia

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34635 - thumbnail

Comfort Group needed £1896.27 for their business.

Amount Requested

Amount requested:

£1896.27

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Retail - clothing

MFI Partner

MFI partner:

Microloan Foundation Zambia

The 15 women of the Comfort group run small scale businesses such as selling groceries, dried fish, vegetables, second hand clothes and chicken. They started their businesses to help their families buy clothes, food, farming equipment and to pay school fees and medical bills. The group is requesting its first loan after successfully completing business management skills training that is provided by local microfinance institution and Lendwithcare partner, the Microloan Foundation. They are requesting this loan to boost their businesses by ordering more stock for their stalls. Martner Maluma, 29 years old and married with one child, is a member of this group. She runs a market stall selling vitenge (traditional African waist wrappers), clothes and shoes. She started her business to be financially independent and to support her family. She is requesting this loan to order more products to meet demand from her customers. She runs her business with the help of her younger sister who lives with her. She hopes to open a vegetable stall as a way of diversifying her business.

loan added: 08 June 2018

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Comfort Group's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £172.39 --
July 2018 £287.31 --
August 2018 £287.31 --
September 2018 £287.31 --
October 2018 £287.31 --
November 2018 £287.31 --


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