Progress Buvwubi Group

Choma, Zambia, Zambia

View all entrepreneurs

35929
35929
35929 - thumbnail
35929 - thumbnail

Progress Buvwubi Group needed £3837.50 for their business.

Amount Requested

Amount requested:

£3837.5

Repayment term

Repayment term:

8 Months

Activity type

Activity type:

Hairdressers / Salon

MFI Partner

MFI partner:

Microloan Foundation Zambia

This is a group loan to the Progress Buvwubi group based in the Choma district of Southern Zambia. There are 17 women in this group aged between 26 and 58. The women are married others are widowed and some divorced and have children who go to school. The women of these groups also look after orphans who go to school. They run small scale businesses such as market stalls, grocery stalls and hair salons. They started their businesses for different reasons for example one woman started her business because she wanted to improve the living standards of her family and pay school fees for her children and orphans. The group is applying for its sixth.
One of the women in this group is Matildah Muka. She is 28 years old and has three children who go to school. She has a salon where she plaits hair and sells hair products such as shampoo, wigs and lotions. She would like this loan to buy a hair dryer, wigs and cosmetics for her salon. She has found the training she received from the MicroLoan Foundation useful, in particular the modules on Setting Savings Goals and how to focus as a business woman. She believes with training and credit, she will be able to achieve what she wants for her business. From the profits she hopes to build a home for her family and send her children to school up to the university level. She has employed one young lady who helps with the day to day activities of her salon. Before she started this business she was a house wife and had a lot of financial problems but now she is self-reliant and able to contribute positively to the well-being of her family.

loan added: 27 June 2018

  • Share Progress Buvwubi Group's loan with your friends:

Progress Buvwubi Group's loan Repayment schedule

Date Expected repayments Actual repayments
July 2018 £348.86 --
August 2018 £436.08 --
September 2018 £436.08 --
October 2018 £436.08 --
November 2018 £436.08 --
December 2018 £436.08 --


Show all

Lenders supporting Progress Buvwubi Group


Sign in

This field is required and must be a valid email address.

This field is required

Forgot password?

New to Lendwithcare?
Join us >

×