Stars 1102 Group

Stars 1102 comprises five businesswomen living and operating in Livingstone, with an average age of 48 years. These mothers collectively care for 24 dependents, who attend school full-time while the women actively engage in their businesses alongside their husbands, all of whom are happily married. Specialising in market stalls, shoe repairing stalls, and grocery stalls, the group used a previous loan to expand their businesses by acquiring additional stock.

Crycadis is the representative of Stars 1102 and, as a mother of three children, is determined to ensure their well-being and quality education for a brighter future. To meet these goals, Crycadis operates a successful grocery store, offering assorted goods to her community. Years of engaging in this business have imparted valuable lessons in patience and financial discipline, crucial for her journey as a business entrepreneur. With the aid of her previous loan, Crycadis expanded her grocery store, resulting in increased funds that now enable her to provide three meals a day for her children and fulfil all their school-related needs, including books and school fees. She expresses gratitude to Lendwithcare for their support.

The Microloan Foundation, Lendwithcare's local partner in Zambia employs a unique 'centre' model for lending to female entrepreneurs. A centre comprises several sub-groups, each consisting of five members. These sub-groups share the same name as the centre. As such, you may have seen similarly named group loans from Zambia all belonging to the same centre. In this system, each woman is individually responsible for repaying her loan, but the group offers mutual support by assuming overall responsibility together.