Mwantungululu Group

Petauke, Zambia, Zambia

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35224
35224
35224 - thumbnail
35224 - thumbnail

Mwantungululu Group needed £1629.48 for their business.

Amount Requested

Amount requested:

£1629.48

Repayment term

Repayment term:

6 Months

Activity type

Activity type:

Shop

MFI Partner

MFI partner:

Microloan Foundation Zambia

Esther Mbewe is a member of the Mwantungulu group and she runs a grocery stall in the busy market in her community. She is married to a business man and together they have eight children who are in school. Esther is 52 years old. Esther has requested a loan to order more items to sell. With her portion of the loan she will order more cooking oil, sugar, washing soap, tinned fish and salt to sell. She will use a part of the loan to cover her transportation goods. The Mwantungulu group has a membership of 22 women aged between 35 and 55. The women are married and some are widowed. They have come together to form this group with the aim of helping each other where running business is concerned. They have 135 children between them who are in school and some in college. The group has been trained in business management and are now ready to apply for their first loan. The women of this group will use the loan to order more stocks for their respective stalls.

loan added: 08 June 2018

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Mwantungululu Group's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £148.13 --
July 2018 £246.89 --
August 2018 £246.89 --
September 2018 £246.89 --
October 2018 £246.89 --
November 2018 £246.89 --


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