A loan of $400 helped to buy more bunches of green bananas.


Margaret's story

Margaret is a single mother of six children and two of her children go to school. She also takes care of additional family members (elderly parents and grandchildren). She has a business of selling green bananas and has been in this business for 15 years. She has applied for a loan of 1,000,000 Uganda shillings from MCDT-SACCO to buy more bunches of green bananas. She generates additional income through selling piped water.

Margaret works from home and sells six days out of every week and sells on retail basis. Her major business challenges include seasonality and defaulters. She aspires to sell on wholesale only and also to build rental rooms. She resides in her own house and the family has access to electricity and piped water. Her monthly expenses include school fees and paying for utility bills.



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Loan details