Funded

Total loan: $825
Powered by 28 lenders

Fatuma

Uganda
Kampala, Uganda / Clothing Sales

A loan of $825 helped to buy more clothes to offer for sale.


Fatuma's story

Fatuma N. has operated a clothes-selling business for four years, and she works seven days a week. Fatuma sells her products from door to door. She also generates additional income by selling maize flour.

She has requested a loan of 2,000,000 Ugandan Shillings from MCDT SACCO, which she will use to buy more clothes to offer for sale. The main business challenges for Fatuma include defaulters and the ever-increasing prices of clothes. Her goals and aspirations for her business are to start importing clothes herself.

Fatuma and her husband own a home in the Kawempe neighborhood in the city of Kampala, Uganda. They have five children, all of whom attend school. They also take care of some of their grandchildren. The family has access to electricity and to piped water. Their major monthly expenses include food, school fees, and utility bills.



Loan details

Loan length:

7 months
Disbursed date: March 10, 2011
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 10, 2011
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)