Funded

Total loan: $125
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Ruth

Uganda
Kampala, Uganda / Used Clothing

A loan of $125 helped to buy more bales of used clothes.


Ruth's story

Ruth is married with five children and three of her children go to school. She doesn’t take care of additional family members. She has a business selling used clothes. She has applied for a loan of 300,000 Uganda shillings from MCDT SACCO to buy more bales of used clothes. She has been in this clothing business for five years. Besides this clothing business, she generates additional income through poultry farming. She works from her home seven days out of every week and sells on a retail basis only. Her major business challenges include seasonality, the ever-increasing prices and defaulters. She aspires to become a wholesaler and to start importing used clothes. She resides in her own house and the family has no access to electricity or piped water. Her monthly expenses include school fees and feeding the family.



Loan details

Loan length:

6 months
Disbursed date: January 23, 2013
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: January 23, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)