Funded

Total loan: $1,350
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Veronica Owembabazi ’S Group

Uganda
Kampala, Uganda / Fruits & Vegetables

A loan of $1,350 helped a member increase Stock.


Veronica Owembabazi ’S Group's story

Veronica, 37, is the leader of this 5-member group. She is a single mother with two children,14 and 9 years old. Both children are in school. Veronica had an accident that caused the amputation of one of her legs.

The community she lives in is semi-urban. One of her challenges is the ever-increasing house rent fees due to the influx of Sudanese war migrants. Veronica deems this as a challenge because she may be thrown out of the house if she fails to pay what these migrants can offer the landlords.

She has recently taken a loan of Shillings 500,000/= (US$ 310) .She used the loan to increase her stock and pay rent for three months. She is able to meet the family's basic needs out of the profits she makes from her business.

She is able to send her children to school, fend for her family better, and has learnt to be hard-working because of MCDT loans. She has managed to make herself a metal kiosk, thus reducing the hazards of the weather. There is a ready market for her merchandise.

One of her plans is to make this kiosk bigger to create space for a refrigerator so that she can pack ready-to-eat fruits and fruit juice for sale. She would like to buy a plot of land and build a house.

She has successfully paid back 8 loans.

In this group: Veronica, Milly, Gertrude, Night, Susan
*not pictured



Loan details

Loan length:

8 months
Disbursed date: August 21, 2008
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 21, 2008
Facilitated by Field Partner: Micro Credit for Development and Transformation SACCO (MCDT SACCO)