Funded

Total loan: $875
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Sofia

Uganda
Kampala, Uganda / Food Market

A loan of $875 helped to buy more bags of sugar, cartons of salt, boxes of soap and jerrycans of cooking oil.


Sofia's story

Sofia lives in Kampala, Uganda. She is married and has four children, none of whom are in school. She also takes care of additional family members (her parents). Sofia has a retail shop. She has been in this business for less than one year, and she works 7 days out of every week. Sofia sells her products in her shop, by means of retail. Sofia has requested a loan of 2,000,000 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 Sofia include seasonality and transportation. Her goals and aspirations for her business are to own a wholesale shop and to buy a motor van to ease transportation. Sofia lives in a home that she owns; she has access to electricity and piped water. Her major monthly expenses include school fees and paying utility bills.



Loan details

Loan length:

10 months
Disbursed date: February 22, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: February 22, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)