Funded

Total loan: $675
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Zaituni

Uganda
Kampala, Uganda / Restaurant

A loan of $675 helped to expand and improve her restaurant business by purchasing additional foods (e.g., bananas, beef, sweet and Irish potatoes, ground nuts, cassava, rice, and chicken).


Zaituni's story

Zaituni is a married woman with four children. All of her children attend school. She does not have to care for additional family members. She and her family reside in a house, where the family has access to electricity and piped water. Her monthly expenses include school fees and utility bills.

To earn a living, she operates a restaurant. She has been in the restaurant business for ten years. She serves food to all types of people for retail prices. She generates additional income by selling charcoal. She explains that she works from home seven days out of every week. Her major business challenges are seasonality, the ever-increasing prices of food in Uganda, and customers who default on their required payments.

She has applied for a loan in the amount of 1,700,000 UGX from MCDT-SACCO to buy more food, including bunches of green bananas, beef, sweet and Irish potatoes, ground nuts, fish, chicken, rice and cassava. She dreams of owning a fully-stocked restaurant and buying a plot of land. She decided to join MCDT because of the low interest rates applied to their loans.



Loan details

Loan length:

6 months
Disbursed date: April 18, 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: April 18, 2013
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)