Funded

Total loan: $225
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Florence

Uganda
Kampala, Uganda / Beauty Salon

A loan of $225 helped to buy more synthetic hair, hair oils, cream relaxers and skin oils.


Florence's story

Florence lives in Kampala, Uganda. She is single with four children and all of them attend school. She is looking after her old parents. She has been operating a hair salon for five years, working seven days a week. She does not have any other source of income.

She has requested a loan of UGX 600,000 from MCDT- SACCO to enable her to stock synthetic hair, hair oils, cream relaxers and skin oils. Her challenges include high electricity tariffs and seasonality. Her dream is to own a fully stocked beauty salon. She joined MCDT because she wanted a boost in her capital. She stays in a rented house with access to electricity but no piped water. Her major monthly expenses are rent and school fees.



Loan details

Loan length:

8 months
Disbursed date: November 26, 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 26, 2012
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)