Funded

Total loan: $400
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Teo

Uganda
Kampala, Uganda / Liquor Store / Off-License

A loan of $400 helped to buy more jerrycans (A jerrycan is a robust container made from pressed steel) of local gin.


Teo's story

Teo is married with five children. Three of her children go to school. She doesn’t take care of additional family members. She has a business selling local gin. She has applied for a loan of 1,000,000 Uganda shillings from MCDT-SACCO to buy more jerrycans (a jerrycan is a robust container made from pressed steel) of local gin.

She has been in this business for 5 years selling to all categories of people on a retail basis. She works from her home and works five days a week. Her major business challenges include transportation, thieves and defaulters. She aspires to become a wholesaler and also to see her children receive a university education.

She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and paying for electricity.



Loan details

Loan length:

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