Funded

Total loan: $800
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Margret

Uganda
Kampala, Uganda / Paper Sales

A loan of $800 helped to buy more paper and glue.


Margret's story

Margret is a single mother of three children; all of her children go to school. She also takes care of additional family members (mother, niece, and nephew). She has a business of making envelopes for photographs and drugs. She has been in this business for 13 years. She doesn’t have any other income generating activities. She has applied for a loan of 2,000,000 Ugandan shillings from MCDT-SACCO to buy more paper and glue. She works from her home seven days-a-week and sells on both a wholesale and retail basis. Her major business challenges include seasonality and defaulters. She is aspiring to acquire a shop where she can sell her products and also to educate her children up to university. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and feeding the family.



Loan details

Loan length:

5 months
Disbursed date: April 10, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: April 10, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)