Funded

Total loan: $825
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Madina

Uganda
Kampala, Uganda / General Store

A loan of $825 helped To buy more bags of sugar, cartons of salt , boxes of soap, bags of rice and maize flour.


Madina's story

Madina lives in Kampala, Uganda. She is married and has four children, all of whom are in school. She also takes care of additional family members (her sister). Madina has a retail shop. She has been in this business for over 10 years, and she works 7 days out of every week.

Madina sells her products retail. She 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, bags of rice and maize flour. She also generates additional income through frying samosas and chapattis. The main business challenges for Madina include transportation and seasonality. Her goals and aspirations for her business are to become a wholesaler and also to own a delivery van to ease transportation.

Madina 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:

6 months
Disbursed date: March 15, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: March 15, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)