Funded

Total loan: $700
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Rose

Uganda
Kampala, Uganda / Liquor Store / Off-License

A loan of $700 helped to buy more jerrycans of local gin.


Rose's story

Rose lives in Kampala, Uganda. She is married and has six children. Four of her children are in school. She also has two additional family members she looks after (two orphans).

Her business is to buy and sell local gin. She has been in this business for three years. She sells her goods both at retail and on a wholesale basis. She works seven days a week. She has houses for rent, as another source of income. Rose applied for a loan of 1,800,000 UGX to enable her to buy jerrycans of local gin in large quantities. Her major business challenges are seasonality and transportation.

Her goals and aspirations are to raise more capital, and to start brewing the local gin by herself. She says she decided to work with MCDT, because services are brought near to the members and the interest rate is low. Rose owns the house where she stays. She has no access to electricity or to piped water. Her greatest monthly expense is school fees.



Loan details

Loan length:

8 months
Disbursed date: November 2, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 2, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)