Chiyamiko Group

Petauke, Zambia, Zambia

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Chiyamiko Group
Chiyamiko Group
Chiyamiko Group
Chiyamiko Group

Chiyamiko Group needs just £1253.15 to complete their loan



Amount Requested

Amount requested:

£2428.15

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Hairdressers / Salon

MFI Partner

MFI partner:

Microloan Foundation Zambia

The Chiyamiko group is comprised of 13 members who are from Eastern Zambia. They range in age from 27 and 48. Most of the women are married although some are widowed or divorced. They care for their own children as well as orphans. The women have smallholdings where they grow vegetables and other crops but the income from farming is seasonal and also irregular. In order to generate more regular sources of income the women established market stalls, hair salons and poultry businesses. The group has already received and repaid three short-term loans. They have now requested their fourth loan from our local partner organisation, the Microloan Foundation. Violet Zulu is a one of the members of the group. She is married with four children. Violet runs a hair salon where she styles and cuts hair but also braids and straightens hair. With her portion of the loan Violet requested a loan to buy wigs, hair relaxing creams and cosmetics She hopes in the future to have better premises to work from

Loan added: 10 May 2018

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Chiyamiko Group's loan repayment schedule

Date Expected repayments Actual repayments
June 2018 £220.74 Available 01/06/18
July 2018 £367.90 Available 01/07/18
August 2018 £367.90 Available 01/08/18
September 2018 £367.90 Available 01/09/18
October 2018 £367.90 Available 01/10/18
November 2018 £367.90 Available 01/11/18


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