Funded

Total loan: $200
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Teddy

Uganda
Kampala, Uganda / General Store

A loan of $200 helped to buy sugar, boxes of soap, cartons of salt, small jerycans of cooking oil, and bread.


Teddy's story

Teddy is married with two children and one of her children goes to school. She doesn’t take care of any additional family members. Teddy lives in a rental house and her family has access to electricity and running water. For the past two years, Teddy has run a retail shop and she generates additional income teaching part-time at a nearby school. Her major business challenges include transportation and the ever-increasing prices of commodities in Uganda. Teddy's monthly expenses include rent and school fees for her child.

Teddy is requesting a 500,000 UGX loan from MCDT-SACCO to buy more bags of sugar, boxes of soap, cartons of salt, small jerycans of cooking oil, and bags of bread. In the future, she aspires to become a wholesaler and also to save some money and buy a plot of land to build her own house.



Loan details

Loan length:

6 months
Disbursed date: March 13, 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: March 13, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)