Malawi
The Apatsa group accessed a previous loan from LWC and had 13 women. 1 member has dropped out and now the group has 12 women. These women run various small businesses such as restaurants and stalls selling fish, snacks, vegetables, groceries and clothes in order to earn a living and provide for their families. The used the previous loans to boost their businesses and they have changed for the better. They require a another loan to reinvest in their businesses and order stock in bulk.
Elisy aged 50 is a member of Apatsa group. She is a widow with 4 children, 2 orphans and 2 relatives that entirely depend on her. She has been selling second hand bedding for 32 years. With the money she will buy 1 bale of duvet covers to boost her business and the profit will be used to pay school fees for her children. Elisy started this business to be financially stable so that she may be able to provide for her children. In a couple of years she plans to boost her capital up to 1 million and buy a car to use in the business for easy mobility.
If you are lending, please be aware that due to the current COVID-19 pandemic your repayments could be at greater risk of delay or default.
Loan added: 22 January 2021
Apatsa Group's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £120.91 | ||
| £302.28 | ||
| £302.28 | ||
| £302.28 | ||
| £302.28 | ||
| £276.27 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
