Tilabe Group

Lundazi, Zambia, Zambia

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35229
35229
35229 - thumbnail
35229 - thumbnail

Tilabe Group needed £1828.13 for their business.

Amount Requested

Amount requested:

£1828.13

Repayment term

Repayment term:

7 Months

Activity type

Activity type:

Retail - general household items

MFI Partner

MFI partner:

Microloan Foundation Zambia

This is s group loan to the Tilabe women who are based in the Lundazi district of Zambia. The group has a membership of 13 women age between 22 and 47. They have children who go to school and they also care for orphans from their community who also go to school. The women of the Tilabe group run small scale businesses such as rearing poultry, selling salaula (second hand clothes), baked goods and general groceries. They started their businesses for different reasons like to reduce the poverty levels of their families and to be able to provide their children with their daily needs. They are requesting this loan to order more products for the expansion of their businesses. One of the women in the group is Thokozile Kampala. She is 34 years old and married with five children who are in school. She runs a small grocery stall selling cooking oil, sugar, lotions, cereals, soft drinks and many other products. She is requesting this loan to top up on her business capital and order more stocks of cereals, lotions and soft drinks. Most of her customers are people in her community and surrounding areas. She started her business to be able to provide for her family’s daily needs as she is the only providing hand. Her hopes for the family are to be able to provide them with a better place to live. With the profits from her business she has been managing to provide the daily needs for her children. As a woman she is self-reliant and able to stand on her own because of the business she has.

loan added: 08 June 2018

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Tilabe Group's loan Repayment schedule

Date Expected repayments Actual repayments
June 2018 £166.19 --
July 2018 £237.42 --
August 2018 £237.42 --
September 2018 £237.42 --
October 2018 £237.42 --
November 2018 £237.42 --


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