Chikondi Group

Blantyre, Malawi

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36605
36605
36605 - thumbnail
36605 - thumbnail

Chikondi Group needed £1057.36 for their business.

Amount Requested

Amount requested:

£1057.36

Repayment term

Repayment term:

4 Months

Activity type

Activity type:

Retail - clothing

MFI Partner

MFI partner:

Microloan Foundation Malawi

The Chikondi group is composed of 13 women. The majority are married, have children of their own as well as orphans who rely upon them. The women require the loan to invest in the businesses they run. The businesses include restaurants, farming and stalls or shops selling fish, snacks, vegetables, groceries and clothes. Chimwemwe is 38 years old. She is married with 3 children and 1 orphan. Her husband works as an electric engineer. Chimwemwe sells clothes. She intends to buy a bale of clothes with the requested loan. The proceeds will enable her to feed her family. She started the business to provide her family with their basic needs and has been running it for 10 years. Her personal goal is to increase the business and to build a modern house.

loan added: 08 August 2018

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Chikondi Group's loan Repayment schedule

Date Expected repayments Actual repayments
August 2018 £96.12 --
September 2018 £240.31 --
October 2018 £240.31 --
November 2018 £240.31 --
December 2018 £240.31 --


Lenders supporting Chikondi Group


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