Funded

Total loan: $375
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Fausta

Uganda
Kampala, Uganda / Used Clothing

A loan of $375 helped to buy second hand clothes and rolls of cloth.


Fausta's story

Fausta lives in Kampala, Uganda. She is a widow and has five children, none of whom currently attend school. She is not looking after any other members of the family. She lives in her house without access to either electricity or piped water. Her major monthly expenses include feeding the family and medication.

She has been selling secondhand clothes in a retail shop for 10 years and she works seven days a week. She also works as a tailor as another source of income. She has requested a loan of 1,000,000 UGX from MCDT- SACCO to buy second hand clothes and rolls of cloth. The main challenges she faces include seasonality and the increasing prices of used clothes. Her dream is to expand her business and to employ people. She joined MCDT mainly because of timely loans.



Loan details

Loan length:

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