A loan of $475 helped to buy two bales of clothes.

Sylivia's story

Sylivia is a 37-year-old lady who is trading secondhand clothes in open markets. She is married and has six children. She works six days in a week and gives the business an average of 10 hours per day. She started the business in 2009 with a mind of getting a stable source of income, and has seen the business grow from one level to another by the day.

Sylivia would like to use the loan money amounting to 1,200,000 Ugandan shillings to buy two bales of clothes, which she hopes to sell at a profit. Her clients are both male and female since she sells clothes meant for both men and women. Lack of enough capital and stiff competition are her major challenges, but she hopes to overcome these with the UGAFODE Microfinance loan, if given, and believes that she will be financially stable.

Loan details

Lenders and lending teams

Loan details