100%

funded

Total loan: $275

Monica

Flag of Uganda
Kampala, Central Region, Uganda / Clothing

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


A loan helped To buy more bales of used clothes.


Monica's story

Monica is married with five children, four of whom go to school. She also takes care of additional family members (sisters). She has a business selling used clothes and has been in this business for 5 years selling to all categories of people on a retail basis. She has applied for a loan of 700,000 Uganda shillings from MCDT-SACCO to buy more bales of used clothes. She generates additional income through tailoring and working at the market. Her major business challenges include thieves and defaulters. She aspires to become a wholesaler and also to get enough plots and build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include rent and school fees.