Funded

Total loan: $375
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Sylvia

Uganda
Kampala, Uganda / Hardware

A loan of $375 helped to buy more bags of cement, nails and iron bars to sell.


Sylvia's story

Sylvia is a single mother of five children, and two of her children go to school. Sylvia doesn’t take care of additional family members. She has a business selling hardware and has been in this business for one year. She has applied for loan of 900,000 UGX from MCDT SACCO to buy more bags of cement, nails and iron bars to stock her store. She works six days a week and sells on a retail basis only. Sylvia's major business challenges include seasonality and transportation. She aspires to have a fully stocked hardware shop and also to build her own house. She resides in a rented house, and the family has access to electricity but not to piped water. Sylvia's monthly expenses include school fees and rent.



Loan details

Loan length:

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