Funded

Total loan: $200
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Hope

Uganda
Kampala, Uganda / Natural Medicines

A loan of $200 helped to buy more bottles and tins of local medicine.


Hope's story

Hope lives in Uganda. She is single and has one child who is in school. She also takes care of additional family members (eight orphans from her late sister). Hope has a business selling local medicine. She has been in this business for four years and she works seven days out of every week. Hope sells her products door-to-door, by means of retail. Hope has requested a loan of 500,000 Ugandan shillings from MCDT SACCO, which she will use to buy more bottles and tins of powdered local medicine. The main business challenge(s) for Hope include defaulters and seasonality. Her goals and aspirations for her business are to get a permanent business premise, to be a wholesaler and to buy a plot in order to build her own house. Hope lives in a home that she rents. She has access to electricity and piped water. Her major monthly expenses include school fees and feeding the family.



Loan details

Loan length:

7 months
Disbursed date: August 8, 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: August 8, 2011
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)