Funded

Total loan: $450
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Madina

Uganda
Kampala, Uganda / General Store

A loan of $450 helped To buy more bags of sugar, cartons of salt, boxes of soap and cooking oil.


Madina's story

Madina N. lives in the Kisaasi neighborhood in the city of Kampala, Uganda. She is married and has three children, all of whom are in school. Madina has a retail shop. She has been in this business for over 10 years, and she works seven days out of every week. Madina sells her products at the market, by means of retail.

Madina has requested a loan of 1,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more bags of sugar, cartons of salt, boxes of soap and jerrycans of cooking oil. The main business challenges for Madina include debtors and transportation. Her goals and aspirations for her business are to educate her children up to university and also to be a wholesaler.

Madina lives in a home that she rents; she has access to electricity and has access to piped water. Her major monthly expenses include rent, medication, school fees and feeding the family.



Loan details

Loan length:

6 months
Disbursed date: January 27, 2011
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 27, 2011
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)