Funded

Total loan: $600
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Hasifer

Uganda
Kiyinde, Uganda / Retail

A loan of $600 helped hasifer plans to use her loan to stock her small store with items for her village.


Hasifer's story

Hasifer is a 41 year old widow with 7 children, and she cares for 3 orphans. For the past 18 years she has run a retail shop where she sells basic essentials to the villagers. Her shop is like so many others of its kind selling maize flour, soap, bread, sugar, sodas, beer, etc. In the villages, it is quite common to see businesses that look exactly the same. In poor areas, you can not afford “luxury” items so everyone sells the basic essentials. It should be noted that few people lack for the basics and their needs are not forever growing like in the developed world. So far, they have not been marketed to the point that they begin to believe they are lacking in something. For the most part, the villages are quite pleasant, safe, with a strong sense of community. People have time to visit and look after their children. Time passes much more slowly, and I find it a great respite from the developed world. With her loan Hasifer will continue to stock her small store with items for her village. One of her dreams to buy a matatoo which she would operate to and from her village.


Loan details

Loan length:

6 months
Disbursed date: December 29, 2007
Facilitated by Field Partner: Pearl Microfinance Limited

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: December 29, 2007
Facilitated by Field Partner: Pearl Microfinance Limited