A loan of $400 helped to buy more bunches of bananas and bags of charcoal.


Teopista's story

Teopista lives in Uganda. She is widowed and has eight children, one of whom is in school. She also takes care of additional family members (grandchildren). Teopista has a business selling charcoal and bananas. She has been in this business for seven years, and she works seven days out of every week. Teopista sells her products from home, by means of wholesale and retail. Teopista has requested a loan of 1,000,000 Ugandan shillings from MCDT SACCO to buy more bags of charcoal and bunches of bananas. Teopista earns additional income by selling mats and baskets. The main business challenges for Teopista include defaulters, thieves, transportation and seasonality. Her goals and aspirations for her business are to start selling at wholesale only and to buy a plot of land. Teopista lives in a home that she rents. She doesn't have access to electricity but does have access to piped water. Her major monthly expenses include rent, school fees and piped water.



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Loan details