Funded

Total loan: $200
Powered by 8 lenders

Florence

Uganda
Kampala, Uganda / Fruits & Vegetables

A loan of $200 helped To buy more bananas.


Florence's story

Florence is divorced with five children and all her children go to school. The family lives in a three-room house and they have access to electricity and piped water. Her monthly expenses include school fees, food and utility bills. She owns a stall at her home in Kawempe selling bananas and buys these bananas from delivery vans, which get them from the villages. She has been in this business for a long time. Florence wants to use this loan to buy more bunches of bananas. Besides this banana business, she is also a poultry farmer and even owns rental rooms. Her customers are the community around her home. Florence works seven days a week. Her business challenges are seasonal (like high banana prices) and defaulters. She aspires to educate her children up to university and to start going to Masaka for bananas. She joined MCDT because it was the first MFI to reach out to poor women.



Loan details

Loan length:

8 months
Disbursed date: April 23, 2010
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 23, 2010
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)