A loan of $625 helped to buy more second-hand bags.

Ruth's story

Ruth is a single mother of six children; four of her children go to school. She also takes care of additional family members including her sister. She has a business selling second-hand bags. She has been in this business for eight years. She has applied for a loan of 1,600,000 Uganda shillings from MCDT SACCO to buy more bales of second-hand bags. She does not have any other income generating activity. She sells on wholesale basis seven days out of very week. Her major business challenges include seasonality and defaulters.

Miriam aspires to import second-hand bags from Dubai and earn enough profit so she can build her own house. She resides in a rented house and the family has access to electricity and piped water. Her monthly expenses include school fees and rent.

Loan details

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Loan details