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Victoria
Date
Sep 21, 2022
Location
Lusaka, Zambia
Activity
Cosmetics
A loan helped buy more cosmetic products.
Victoria is a female client of a Microfinance institution in Zambia and operates in a community market in the central business district of Lusaka. She is 32 years old, a divorcee, and supports one sibling who is in school. She is the third born in a family of six.
Victoria sells clothes and cosmetics that she orders from Tanzania. She started this business 5 years ago with start-up funds of ZMW 10,000 that she borrowed from her older brother. She started the business of children’s clothes (second-hand clothes) which she carried out for two years then changed to a boutique selling cosmetics which she is still doing up to now.
The current loan will be used used to buy stock for the other new shop which has recently opened.