Total loan: $350

Victorious Women's Group

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Bombo, Central Region, Uganda / Retail

Victorious Women's Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase more stock to sell in her retail shop to increase her income.

Victorious Women's Group's story

Teddy is a young, energetic, and hard-working woman who is 52 years old and married, with four children. She is a member of Victorious Women's Group, a team of members running different businesses, who came together to achieve a common goal of developing themselves.

Specifically, Teddy runs a retail shop for a living and it has greatly improved the standard of living of her family, in terms of providing for the basic needs, such as fees, food, and medical services.

Now, her desire is to add more stock and open up a new outlet, so that she can make more profits. However, she is constrained by limited funds. So, she approached UGAFODE Microfinance for a loan to add stock in the shop, including groceries, toiletries, posho, cooking oil, and other items.

This will increase her sales, as well as her income. She is appreciative of the support that will boost her business.