Zambia
In Sesheke, a border town in Zambia's Western Province, the vibrant Town Market Group B 1608 is a thriving group of entrepreneurs dedicated to creating a better life for their families. Consisting of five members between the ages of 30 and 40, the group focuses on fish and poultry farming, essential industries that feed their local community. With a collective loan, the group plans to turn their ambitions into reality by supporting each other through challenges and celebrating their shared successes.
At the forefront of the group is Lukonde, a 37-year-old mother of four, whose determination knows no bounds. Married to a businessperson, Likando wants to expand her poultry farming venture. Her farm, tucked away on the outskirts of town, is home to thriving flocks that supply fresh eggs and meat to the local market.
Likando's goal is to increase her production capacity to ensure a steady income to support her children's education and secure a brighter future for her family. Her vision extends beyond her household; she dreams of inspiring others in her community to pursue similar ventures. Likando's story demonstrates the power of financial support to transform lives and build resilient communities.
Likando will use her portion of the loan to expand her poultry farming business so that she can make more profit and expand her business portfolio.
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 which 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.
Loan added: 5 February 2025
Town Market B 1608's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £99.00 | ||
| £141.42 | ||
| £141.42 | ||
| £141.42 | ||
| £141.42 | ||
| £141.42 | ||
| £141.42 |
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.
