Total loan: $550
St Yowanina Group
Kasese, Western Region, Uganda / Retail
Flag of Uganda
St Yowanina Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy soap, sugar, maize, cassava flour and basins to sell.
St Yowanina Group's story
Teddy is a 56-year-old widow with six children living in Kasese, Uganda. Twenty years ago, she decided to venture into the retail business after her husband died. With the proceeds, she has been able to pay school fees for her children and buy land for farming. Like most traders, she faces a challenge of price fluctuation and high rental fees that limit her profits. Her goals are to educate her children and open an outlet in a nearby trading center. Teddy intends to use the loan to buy soap, sugar, maize, cassava flour and basins to sell. Only four of her group members applied for a loan but per group policy, all of them had to guarantee each other to access credit.